New Delhi, July 27 (IANS) While Beijing’s relations with the European Union (EU) remain strained due to China’s growing trade surplus, the Communist country has been cleverly cultivating several individual members of the EU bloc to step up its exports, according to an article in Financial Times.In the first half of this year, China’s trade surplus with the EU, which hit 360 billion euros in 2025, rose another 24 per cent year-on-year. Beijing is also quietly leveraging relations with count…
Latest WTO News & Updates
New Delhi, July 23 (IANS) India reaffirmed its commitment to an open, transparent and WTO‑consistent multilateral trade regime at the country’s Eighth Trade Policy Review (TPR), which concluded on Thursday at the World Trade Organization in Geneva. In his closing statement to the WTO Membership, Commerce Secretary Rajesh Agarwal highlighted India’s commitment to an open, transparent and predictable trade and investment regime. He underlined that India’s tariff reforms, customs simplifica…
New Delhi, July 22 (IANS) India has reaffirmed support for balanced, rules-based, development-oriented and transparent World Trade Organisation (WTO) reforms that preserve and strengthen the multilateral trading system.During India’s 8th Trade Policy Review (TPR) at the WTO in Geneva, Commerce Secretary Rajesh Agarwal highlighted strong economic performance, with the country recording an average annual growth of nearly 8 per cent during the review period despite an exceptionally challenging gl…
New Delhi, July 20 (IANS) India’s 8th Trade Policy Review (TPR) meeting at the World Trade Organisation (WTO) is scheduled for July 21 and 23, 2026, with the country’s official delegation led by Commerce Secretary Rajesh Agarwal, according to a statement issued by the Ministry of Commerce and Industry on Monday. The review is based on a policy statement submitted by the Member under review (Government Report) and on a report prepared by the WTO Secretariat and circulated to all Members. All …
Washington, July 9 (IANS) India and the European Union plan to intensify cooperation on reforming the World Trade Organization (WTO), with both sides saying their newly concluded free trade agreement has created a stronger platform to jointly pursue changes to the global trading body amid growing uncertainty in international commerce. Senior trade negotiators from India and the European Commission said the issue will feature prominently during the next meeting of the India-EU Trade and Technolog…
Nairobi, June 30 (IANS) India’s Permanent Representative to the United Nations Environment Programme (UNEP), Adarsh Swaika, on Tuesday led the country’s delegation at the Informal Heads of Delegations (HODs) meeting in Nairobi ahead of the next session of the Intergovernmental Negotiating Committee to develop the instrument on plastic pollution.“He underlined several key principles on behalf of Indian delegation while conveying India’s readiness to engage constructively towards a balanced …
New Delhi, June 10 (IANS) The Directorate General of Trade Remedies (DGTR) plays a crucial role in safeguarding Indian industry from unfair trade practices while ensuring compliance with India’s commitments under the World Trade Organisation (WTO), Additional Secretary and Director General Trade Remedies Amitabh Kumar said on Wednesday.Addressing a media briefing on the theme “Trade Remedy Measures: Creating a Level Playing Field for Indian Industry” at DGTR headquarters in the national capital,…
New Delhi, June 3 (IANS) The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market.Oman has accorded immediate duty-free access on all 945 textile and apparel tariff lines eliminating the existing 5 per cent MFN duty and substantially enhancing the price competitiveness of Indian products in the Omani market. Moreover, imme…
New Delhi, June 3 (IANS) The UK- India Business Council on Wednesday welcomed United Kingdom’s Secretary of State for Business and Trade, Peter Kyle’s visit to India and called for accelerated implementation of the India-UK Free Trade Agreement (FTA).Secretary Kyle held discussions with Commerce and Industry Minister Piyush Goyal on bringing the India-UK FTA into force at the earliest, the industry chamber said.”Bilateral trade between the UK and India is already worth £48 billion a year and …
New Delhi, April 30 (IANS) Former World Trade Organisation (WTO) Director-General Pascal Lamy has highlighted structural shifts reshaping global trade, underscoring that many of today’s trade issues extend beyond the WTO’s traditional mandate and require reform of both its rulebook and governance structures.Delivering the keynote address at a high-level dialogue here, jointly organised by the Chintan Research Foundation (CRF) and CUTS International at the India International Centre (ICC), La…