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.
: The Director-General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, congratulated Ngozi Okonjo-Iweala on her reappointment as the Director-General of the World Trade Organization (WTO) for a second term.
Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, reasserted the UAE's commitment to open, rules-based trade during the G20 Trade and Investment Ministerial Meeting (TIMM) in Brazil, and again made the case that WTO reform can advance the cause of multilateralism and ensur
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 Director-General will participate in the World Leaders Climate Action Summit on November 12 and 13, as well as several high-level events planned at the COP29 Trade and Investment House and other venues.
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.
The event will also witness delegates from over 70 countries and 30 international organisations, including food safety regulators and risk assessment authorities, research institutes, and universities, Nadda said.
Focusing on trading issues such as solutions for Public Stock Holding, and outlining the objectives of the WTO, Commerce Secretary Sunil Barthwal participated in the 14th BRICS Trade Ministers' Meeting on July 26, 2024, in Russia.
Commerce Secretary Sunil Barthwal emphasised the need for strengthening the multilateral trading system with the WTO, the Ministry of Commerce and Industry said in an official release on Sunday.
The minister is on an official visit to Switzerland to take forward commitments as part of India's recently signed free trade agreement with the four-nation European bloc or EFTA (European Free Trade Association).
India and Australia have held discussions under the Comprehensive Economic Cooperation Agreement (CECA) negotiations between the two countries to review the progress made after nine rounds and the way forward for its completion to reach a balanced outcome