Page-7 of WTO
Seychelles becomes 161st member of World Trade Organisation
Seychelles, an archipelago of 90000 inhabitants became the 161st member of the World Trade Organization (WTO). It is one of the smallest nations among the WTO members. This approval by WTO ended Seychelles 20-year long wait to become a member ..
Month: Current Affairs - April, 2015
India appeals against recent WTO ruling on steel exports by Indian companies
India has opposed a recent ruling passed by the World Trade Organisation (WTO) in a case related to imposition of penal duties by the US on steel exports by Indian companies. India has filed an appeal against the ruling. Though ..
Month: Current Affairs - August, 2014
Four Modes of Supply under General Agreement on Trade in Services (GATS)
The General Agreement on Trade in Services (GATS) is a World Trade Organization (WTO) agreement that outlines the rules and commitments made by WTO members in regards to trade in services. GATS is a crucial agreement as it affects a ..
Bali Ministerial of the World Trade Organisation 2013
What is WTO Ministerial Conference? The WTO Ministerial Conference is the topmost decision-making body of the World Trade Organization which regularly convenes every two years. It brings together all members of the WTO, all of which are countries or customs ..
Month: Current Affairs - December, 2013
Category: International / World Current Affairs
Japan to discontinue rice subsidies as it overhauls agriculture
Japanese government is considering phasing out its over four decades old rice subsidy scheme–“gentan” production adjustment system by March 2019. The system was designed to reduce excess crops as part of government’s programme to bring reforms in agriculture sector. What ..
Month: Current Affairs - November, 2013
Category: Agriculture Current Affairs • Economy & Banking Current Affairs
India declines WTO Peace Clause proposal
India has decided not to agree to the ‘Peace Clause’ for agriculture subsidies that the World Trade Organization (WTO) Director-General Roberto Azevedo has proposed for Bali talks. India will not agree to any deal until it is clear that the ..
Month: Current Affairs - November, 2013
Category: International / World Current Affairs
Roberto Azevedo to be head of WTO
Roberto Azevedo of Brazil has been nominated as the head of the WTO (World Trade Organization) based at Geneva at a time when there seems an impasse over talks b/w developed and developing nations on freeing global commerce and to help develop ..
Month: Current Affairs - May, 2013
Category: International / World Current Affairs
WTO Global Trade Growth Forecast for 2013 Lowered to 3.3%
The World Trade Growth Forecast was cut down the forecast of global trade by 1.2% to 3.3 % from previous 4.5% byWorld Trade Organization (WTO). The anticipated growth is higher than the rate of 2% in 2012 but is below the 20-year average of 5.3%. The 2013 ..
Month: Current Affairs - April, 2013
Category: International / World Current Affairs