Highlighting the role of trade in accelerating the global adoption of artificial intelligence, Johanna Hill, Deputy Director General of the World Trade Organisation, on Friday said that trade is a key vehicle to facilitate discussions and diffusion of AI technology worldwide.
Commerce Secretary Rajesh Agrawal met with the Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, in Geneva to discuss priorities for the 14th Ministerial Conference (MC14).
Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation (WTO), said that India's rapid economic growth is closely tied to its ability to foster strong trade growth.
World Trade Organisation (WTO) Director General Ngozi Okonjo-Iweala on Friday said India should play a leading role in driving reforms at the WTO, stressing that the global trading system must remain rules-based rather than power-based.
The Finance Ministers and Central Bank Governors (FMCBG) of the BRICS nations have voiced "serious concerns" about the unilateral imposition of tariffs and non-tariff measures, in apparent reference to the US, which they deemed inconsistent with World Trade Organisation (WTO) rules.
The Finance Ministers and Central Bank Governors (FMCBG) of the BRICS nations have voiced "serious concerns" about the unilateral imposition of tariffs and non-tariff measures, which they deem inconsistent with World Trade Organisation (WTO) rules.
India will oppose the Investment Facilitation for Development (IFD) proposal, which is led by China, at the World Trade Organisation (WTO), sources in the Commerce Ministry said on Tuesday.
In an interview with ANI, he highlighted the strong partnership between India and Brazil and noted the cooperation between the two nations in international forums like the United Nations (UN) and the World Trade Organisation (WTO).
The World Trade Organisation (WTO) has expected world merchandise trade volume to grow 2.6 per cent in 2024 and 3.3 per cent in 2025, following a larger-than-expected decline of -1.2 per cent in 2023.
Thailand replaced its Ambassador to the World Trade Organisation (WTO) Pimchanok Vonkorpon Pitfield after strong objection by India to her remarks on the rice procurement programme.
"Twenty-two more countries have applied for WTO membership, India will take a sympathetic view of their demands and will support as a leader of Global South," Goyal said while responding to ANI's question.
"India's stand is consistent, world need to see who is blocking the issues and why WTO working is not going on smoothly. It shows India is a consensus builder and we are playing important role in this regard but many countries are breaking the consensus," Goyal said on the third day of th