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India threatens to derail WTO deal, prompts angry US rebuke

Last Updated: Saturday, July 26, 2014, 01:07

India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to the global economy and create 21 million jobs, prompting a U.S. warning that its demands could kill global trade reform efforts.

India blocks WTO deal on customs rules as deadline nears

Last Updated: Friday, July 25, 2014, 06:19

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.

WTO called in to settle EU-Russia trade disputes

Last Updated: Tuesday, July 22, 2014, 23:10

The World Trade Organization was Tuesday called in to settle two disputes over Moscow`s ban on EU pork and Brussels` trade penalties against Russian steel and fertiliser firms.

Russia files WTO case over EU energy rules

Last Updated: Thursday, May 01, 2014, 17:39

Russia has accused the European Union of discriminating against gas and electricity providers from outside the bloc in violation of international rules, the World Trade Organization said Thursday.

WTO raises 2014 global trade growth forecast to 4.7%

Last Updated: Monday, April 14, 2014, 17:44

Global commerce is set to grow by 4.7 percent this year, the World Trade Organization said on Monday, with recovery in rich economies expected to mitigate risks in developing nations.

US trade mission pledges $250 mn investments in India

Last Updated: Wednesday, March 05, 2014, 22:49

The delegation cited key concerns foreign investors in India which include lack of clarity in procedures, unpredictability in decision-making and red tapism.

India to block US trade probes, ready for fight at WTO

Last Updated: Tuesday, February 25, 2014, 21:00

India has decided to block investigations by the United States into its trade policies and patent laws, and prepare for a battle at the World Trade Organization (WTO), a move that could escalate already-strained tension between the two countries.

US challenges China over high-tech steel imports

Last Updated: Tuesday, January 14, 2014, 10:31

The US is accusing China of failing to comply with a World Trade Organization ruling against China`s imposition of duties on high-tech American steel.

India will never compromise on food security: Anand Sharma

Last Updated: Tuesday, December 17, 2013, 16:13

After having successfully reached through consensus a trade agreement at the WTO meet, held in Indonesia, India will never compromise on the fundamental issues pertaining to food security, Commerce and Industry Minister Anand Sharma said.

Bleak outlook for WTO deal as rifts widen over food subsidies

Last Updated: Thursday, December 05, 2013, 13:04

Divisions over food subsidies widened among members of the World Trade Organization on Thursday, making it unlikely a landmark trade deal could be reached with just a day left to the end of talks.

India to be firm on food security at Bali meet

Last Updated: Sunday, December 01, 2013, 23:18

India Sunday gave a clear signal that it will be firm on the core agenda of food security while pursuing a constructive dialogue at the ministerial conference of World Trade Organization (WTO) at Bali Dec 3-6.

WTO chief says global trade deal within reach

Last Updated: Saturday, October 05, 2013, 19:18

The World Trade Organization (WTO) appealed on Saturday for support from Asia-Pacific nations to help clinch a deal on easing global trade constraints at crunch December talks, saying agreement is "clearly within reach".