MARRAKESH AGREEMENT
India calls for reinvigorating discussions on development agenda at WTO
India emphasizes reinvigorating WTO discussions on development for tangible progress, highlighting finance, technology, and food security. Marrakesh Agreement crucial. Proposed thematic sessions to address developmental needs.
Send signal to investors
While countries can better their investment-facilitation frameworks unilaterally, 125 countries see value in anchoring their efforts in shared commitments. India, however, does not support inclusion of this agreement in the WTO rulebook. It argues that WTO is for rule- making on trade, not investment, and that plurilateral agreements can only be included in the WTO rulebook if all members agree.
We have been able to protect India’s interests at WTO: Piyush Goyal
Since the process has not yet been completed, we believe that it is in the best interest that we continue this ecommerce moratorium and ensure that if at all it is found to be necessary, there will be discussions at Geneva to see if there are any areas particularly which need to be covered under the moratorium, otherwise as the decision stands, it will expire at the end of two years or the next ministerial, whichever is earlier, Commerce and industry minister Piyush Goyal.
India retains full policy space for benefit of farmers, fishermen at WTO: Piyush Goyal
The talks at the WTO's ministerial conference ended with no decision on issues such as finding a permanent solution to public food stockpile and on curbing fisheries subsidies, but the members agreed to further extend the moratorium on imposing import duties on e-commerce trade for two more years.
EAM Jaishankar meets WIPO director general, discusses making intellectual property more 'Global South friendly'
External Affairs Minister S Jaishankar met with the Director General of the World Intellectual Property Organization (WIPO), Daren Tang. They discussed the need to make intellectual property (IP) more accessible and beneficial for countries in the Global South. Jaishankar also highlighted the potential of space technology and traditional knowledge. India is already a part of several WIPO treaties and was the first country to ratify the Marrakesh Treaty.
If you want our countries to address climate change, first pause our debts
Africa has been borrowing at a cost up to eight times higher than the rich countries to rebuild despite receiving funds to tackle the climate crisis.
- Go To Page 1
Countries need to pursue growth oriented structural reforms for faster economic recovery: IMF MD at G20 Summit
IMF Managing Director Kristalina Georgieva emphasized the slow and uneven global recovery and stressed the importance of implementing sound policies for financial stability and growth-oriented structural reforms. She called on G20 members to lead by example in fulfilling their promises for climate finance and highlighted the IMF's efforts to support vulnerable countries through its Resilience and Sustainability Trust.
Back to the drawing board: WTO reform requires a reassessment of its fundamentals
Using the momentum garnered at MC12, the WTO must urgently deliver on institutional reforms. By going back to the drawing board, Members must reassess fundamental principles such as inter alia decision making through consensus and embrace greater flexibility and pragmatism to resolve deadlocks.
I have extreme respect for India and what it does: New WTO chief Ngozi Okonjo-Iweala
While Ngozi Okonjo-Iweala backs discussions on issues of India’s interest, such as public stockholding of foodgrains and safeguard mechanism to guard against a surge in farm imports, the 66-year-old says that it is difficult to ignore that over 100 members are backing discussions on investment facilitation and women-related aspects, which New Delhi is averse to.
India, South Africa question joint statement initiatives at WTO
India and South Africa have questioned the consistency and legal status of the ongoing joint statement initiatives on issues such as e-commerce and investment facilitation at the World Trade Organization (WTO), the first-ever such submission by any member country.
WHO backs India & South Africa's IPR waiver proposal to WTO for Covid treatment
The move gains significance as global drug makers involved in the development of Covid therapeutics have refused to give up patents over their products.
International civil groups back India’s move on TRIPS waiver for Covid cure
Leena Menghaney, a lawyer with MSF India, told ET that it is critical for governments to address this global crisis as they did nearly 20 years ago under the Doha Declaration on the TRIPS Agreement and Public Health amidst the HIV/AIDS epidemic.
How the next WTO chief will be chosen and the task ahead
wo women, Yoo Myung-hee of South Korean and Ngozi Okonjo-Iweala of Nigeria, remain in the running to lead the World Trade Organization, sources familiar with the decision said on October 7, 2020, in what will be a first for the trade body. The official announcement of the two candidates left standing is expected today.
World can no longer afford to keep the WTO in a ventilator: Pradeep Mehta, CUTS International
“The world can no longer afford to keep the World Trade Organisation, which governs the rules-based multilateral trading system, in a ventilator,” said Pradeep Mehta, Secretary General of CUTS International, a global public policy think- and action-tank on trade, regulations and governance.
How the next WTO chief will be chosen and the task ahead
U.S. President Donald Trump's "America First" policies have upended the global trading order and presented an existential threat to the WTO. Trump has called the institution "broken" and "horrible".
How the next chief of World Trade Organization will be chosen and the task ahead
The WTO is a members-driven organisation with decisions reached by consensus among 164 countries. Three WTO ambassadors who chair leading committees will lead the process, seeking to establish which among the eight candidates from Mexico to Moldova, have the widest support.
Full support to India in fighting cross-border terror: France
Secretary General of French Ministry of Foreign Affairs Christian Masset also renewed his country's "unconditional" support to India's bid for NSG.
India blocked WTO ministerial declaration agreement in December: US
The four-day conference of the 164-member World Trade Organisation (WTO) in Argentina had ended without a ministerial declaration or any substantive outcome in December.
G33 nations wants sops for food security in global rules
G33 has called for an amendment in the Agreement on Agriculture of the WTO because current rules suggest a fixed subsidy of 10% for food procurement from farmers.
International Solar Alliance: India’s brainchild to take off during French president’s visit in December
“We are preparing an important event in India, the first ISA summit, during President Macron’s visit in December. My objective — and we are working hand in hand with India on it — is to make significant progress by December in setting up the ISA,” Brune Poirson, French minister of state for ecological and inclusive transition, told TOI.
2nd report on India's green house gas emissions out soon
India had submitted its first Biennial Update Report (BUR) in January last year to the United Nations Framework Convention on Climate Change (UNFCCC).
Made efforts to ensure actions based on equity: India on COP22
India on Sunday said it participated "constructively" in the crucial climate change conference here to ensure that actions are based on the principles of equity and climate justice. Building on the momentum created in the last one year, countries at the Marrakesh climate change summit on Friday agreed to conclude the framing of rules for the implementation of Paris agreement by 2018.
No consensus on tricky issues at climate meet
An important marker of progress in climate negotiations post the Paris accord, COP22 at Marrakesh, concluded here early on Saturday morning with negotiators from over 190 countries setting a deadline of 2018 to finalise the rule book, which would turn pledges made in Paris into action.
US, Australia, 4 other G-20 nations 'failed' to take action in line with Paris deal
The study found that the six countries - Argentina, Australia, Canada, Saudi Arabia, Turkey and the US - have not been undertaking sufficient domestic efforts to match their pledged.
All actions must be rooted in climate justice: India to COP22
India on Tuesday asserted that all future actions on climate change must be firmly rooted in climate justice and issues like adopting a sustainable lifestyle will be central to its course of action.
Pakistan ratifies Paris climate agreement
Pakistan's ratification is in line with its firm commitment to the purposes and objectives of the Climate Convention.
Delegates at Marrakech climate talks concerned about US presidential poll outcome
"The entry into force of the Paris Agreement on November 4 has guaranteed that the US is locked in the treaty for three years, and another year or so for the process of withdrawal to be effected."
European Union decides to ratify Paris climate deal; Climate deal will enter into force in November
EU environment ministers agreed today to fast-track the ratification of the landmark Paris agreement on climate change, despite the fact that some national parliaments have yet to approve the deal. "What some believed impossible is now real," European union president Donald Tusk said on Twitter.
I think the Paris Agreement is something of a relief for every country: Laurence Tubiana
France’s ambassador for climate change, and climate champion Laurence Tubiana highlights the key issues that will dominate the Bonn climate conference.
Load More
