WTO

  • India lifts domestic wheat purchase price by 3.6 per cent Yesterday

    New Delhi: The government has raised the price it will pay to buy new-season wheat from local farmers by 3.57 per cent to 1,450 rupees per 100 kg, encouraging the crop even though supply has exceeded demand for eight years. India, the world's second-biggest wheat consumer, sets a price each year...
  • Permanent solution on food security in WTO rules is must: India 1 week ago

    United Nations: In a stern message, India has told the UN General Assembly that developing countries must have the freedom to use food reserves to feed the poor "without the threat of sanctions" and a permanent solution on food security with necessary changes in WTO rules is a must. "The issue...
  • India will stick to its position on food issue at WTO: Nirmala Sitharaman October 15, 2014

    New Delhi: India will stick to its position on the food security issue at the WTO trade negotiations as it is the sovereign duty of the government to protect the interest of its poor, Commerce & Industry Minister Nirmala Sitharaman said on Wednesday. "Our position remains intact, that we will underline...
  • India's food security concern at WTO needs solution: Modi September 30, 2014

    New York: Emphasising that India supports trade facilitation, Prime Minister Narendra Modi on Tuesday told US President Barack Obama that a solution must be found on its concerns over food security at the WTO. Modi had an "open discussion" on WTO (World Trade Organisation) issue with Obama during their summit talks...
  • Pact on food security, trade facilitation to go hand-in-hand: PM Modi September 30, 2014

    New York: Ahead of his meeting with US President Barack Obama, Prime Minister Narendra Modi on Monday made it clear that agreement on food security and trade facilitation will have to go hand-in-hand. "Agreement on food security and trade facilitation will have to go hand-in-hand," Modi said while addressing the Council...
  • 'India's farm subsidy well below WTO cap of 10 pc' September 11, 2014

    New Delhi: India's farm subsidies are well below the WTO's cap of 10 per cent and the developed world should move ahead with finding a permanent solution for stock piling of grains for food security purposes, an official said. According to a WTO filing, India has given a total farm subsidy...
  • September 11 Memorial Museum to open in New York to mark the 13th anniversary of the WTO attack September 11, 2014

    To commemorate the 13th anniversary of the deadly September 9/11 attack on the World Trade Center, the longawaited September 11 Memorial & Museum will be opened on Thursday to victims' families and first responders after the anniversary ceremony. ...
  • Food security: South Africa backs India's stance at WTO September 7, 2014

    New Delhi: South Africa supports India's stance at WTO on public food stock holding issue as developing nations have responsibility to ensure that "those who are not able to feed themselves" are brought under the food security net, said South African High Commissioner to India FK Morule. "The developing countries which...
  • British government planning on an enormous investment in India, says UK Deputy PM Nick Clegg August 27, 2014

    New Delhi: British Deputy Prime Minister Nick Clegg has hinted that the UK government is planning on making an enormous investment in India, especially in the areas of infrastructure and defence. In an exclusive interview to Network18, Clegg, who is in India for a 3day trade mission, has also...
  • Congress to raise WTO issue in Parliament on Sunday August 10, 2014

    New Delhi: Irked by Prime Minister Narendra Modi's remark suggesting that the UPA government compromised on the issue of food security at WTO, Congress on Sunday said it would raise the matter in Parliament on Monday as the statement was "incorrect". "The statement of Modi, his claim of standing up for...
  • Congress slams PM Modi, BJP for 'misleading' people August 9, 2014

    New Delhi: Congress on Saturday launched an all out attack on Prime Minister Narendra Modi accusing him of "misleading" people on the WTO issue and ridiculed BJP over its "Congress phobia". "The statements that Modi has made are confirming the worst apprehensions of a partisan political agenda to mislead and...
  • NDA stand on WTO agreement 'exercise to confuse people': Congress August 5, 2014

    New Delhi: The NDA government's statement in Parliament that India has decided not to ratify WTO's Trade Facilitation Agreement (TFA) was a "laborious exercise to confuse people", Congress on Tuesday said while lamenting that New Delhi's "isolation was painful" at the global body's meet in Geneva. "Commerce Minister Nirmala Sitharaman's statement...
  • India won't compromise on farmers' interests at WTO: Jaitley August 5, 2014

    New Delhi: BJP on Tuesday asked its MPs to convey to the public the stand taken by the NDA government to protect the interests of farmers at WTO even as it assured that the interests of the farming community would not be compromised at any cost. Giving details of the World...
  • India confident WTO will understand food security concerns August 5, 2014

    India refused to yield ground on Tuesday on its spat with the World Trade Organisation and said it believed it could convince other members that its need for more freedom on food subsidies was legitimate. Trade Minister Nirmala Sitharaman did not give details in a statement she made in parliament, but...
  • Government should explain problems at WTO: Salman Khurshid August 3, 2014

    Panaji: Demanding an explanation from the government on the WTO logjam, former External Affairs Minister Salman Khurshid on Sunday said there were no problems when the previous UPA regime negotiated the matter. The senior Congress leader said that the government has not "given a clear enough explanation" about the problems that...
  • Doubts surface about Modi in global trade community after deal is scuppered August 2, 2014

    New Delhi: Prime Minister Narendra Modi came to office with a reputation as a businessfriendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past. Now potential investors, some of them foreign firms hoping to exploit new opportunities in India's...
  • WTO failure: Modi says developed nations should understand challenges of developing countries August 1, 2014

    New Delhi: Against the backdrop of the US blaming India for the failure of WTO talks, Prime Minister Narendra Modi on Friday said developed countries should "understand" the challenges of poverty in developing nations and their governments' responsibilities to address them. Modi conveyed the message to US Secretary of State John...
  • India ready to reengage with WTO members in September August 1, 2014

    New Delhi: With its stand on food security leading to a stalemate at the WTO talks in Geneva, India on Friday said it is committed to the global trade deal without compromising on its interest, and will reengage with members when talks resume a month from now. "WTO will open...
  • Nine reasons why India's WTO veto shocked the world August 1, 2014

    Geneva: India's tough diplomacy blocked a landmark world trade treaty late on Thursday, despite lastditch talks to rescue what would have been the first global trade reform since the creation of the World Trade Organization 19 years ago. Trade diplomats in Geneva have said they are "flabbergasted", "astonished" and "dismayed" and...
  • India's demands block $1 trillion WTO deal on customs rules August 1, 2014

    The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling. "We have not been able to find a solution that would allow us...
  • Can Narendra Modi redefine IndiaUS relationship? July 31, 2014

    In stern words, External Affairs Minister Sushma Swaraj on Thursday told US Secretary of State John Kerry that surveillance of political leaders and others in India by the American intelligence was "unacceptable". ...
  • India @ 9 with Bhupendra Chaubey July 31, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • American surveillance of BJP 'unacceptable', Swaraj tells Kerry July 31, 2014

    New Delhi: In stern words, External Affairs Minister Sushma Swaraj on Thursday told US Secretary of State John Kerry that surveillance of political leaders and others in India by the American intelligence was "unacceptable". "I told him that both countries consider each other as friendly nations and it will not...
  • No change in India's stand on WTO, says Sitharaman July 31, 2014

    New Delhi: As only a few hours are left for WTO members to ratify the trade facilitation pact, India on Thursday asserted that its stand "remains the same". "Our stand remains the same," Commerce and Industry Minister Nirmala Sitharaman told reporters after meeting US Secretary of Commerce Penny Pritzker. The World...
  • Kerry asks India to drop opposition to WTO deal July 31, 2014

    New Delhi: US Secretary of State John Kerry, who arrived in India on Wednesday for an official visit, has pressed New Delhi to drop its opposition to global trade reforms, saying it was a test of the country's commitment to advance economic liberalisation. Kerry made the call in a newspaper article,...
  • Rural votes, old traumas drive India's WTO brinkmanship July 30, 2014

    New Delhi: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to...
  • Hectic parleys on to find a solution to WTO impasse July 29, 2014

    New Delhi: With the deadline to ratify the WTO Trade Facilitation Agreement nearing, hectic parleys are on in Geneva to resolve issues between developed countries and emerging economies, including India. In the WTO general council meeting last week, India had made it clear that it would not ratify the trade facilitation...
  • No trade facilitation pact without resolving food security issue: India to WTO July 25, 2014

    Geneva: In a strong message to the WTO, India on Friday said it will not ratify the trade facilitation pact until a permanent solution is found on food security and other issues of poor nations impacting livelihood of millions. "To jeopardise the food security of millions at the altar of...
  • India blocks WTO deal on customs rules as deadline nears July 25, 2014

    Geneva: India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically. At a meeting in Geneva, diplomats from the 160 WTO member countries were supposed to rubber stamp a deal on "trade...
  • India will not back WTO protocol unless concerns addressed: Sources July 24, 2014

    New Delhi: India will not support a trade protocol ahead of a July 31 deadline unless concerns about its food subsidies are met, two senior government officials said on Wednesday, a position that threatens to derail a landmark global trade deal. The determination to link its food subsidy programme, aimed at...