Global trade

IMF chief Christine Lagarde warns 'no winners' in trade wars

IMF chief Christine Lagarde warns 'no winners' in trade wars

She said the global economy is in good shape, with 3.9 per cent growth projected this year as well as higher levels of investor confidence.

Mar 19, 2018, 09:52 AM IST
'Entry into Wassenaar Arrangement will give access hi-tech weapons market'

'Entry into Wassenaar Arrangement will give access hi-tech weapons market'

An entry into the Wassenaar Arrangement is expected to facilitate high technology tie-ups with Indian industry and ease access to high-tech items for the country's defence and space programs, the Ministry of External Affairs said.

Dec 08, 2017, 17:54 PM IST
India becomes 42nd member of Wassenaar Arrangement - group controlling global trade of conventional weapons

India becomes 42nd member of Wassenaar Arrangement - group controlling global trade of conventional weapons

India on Thursday became a member of the Wassenaar Arrangement, that controls the global trade of conventional weapons and dual-use goods and technologies.

Dec 08, 2017, 09:53 AM IST

WTO says global trade rebounding, sees 2017 growth of 3.6%

The rapid acceleration was due to last year`s low base, a resurgence of Asian trade flows and recovering North American import demand.

Sep 21, 2017, 15:42 PM IST
World Bank keeps 2017 global growth forecast at 2.7%

World Bank keeps 2017 global growth forecast at 2.7%

World Bank on Sunday maintained its forecast for global growth in 2017 and 2018 unchanged at 2.7 percent and 2.9 percent, respectively, as manufacturing and trade are picking up and confidence is improving.

 

Jun 05, 2017, 09:20 AM IST

G-20 pledge to roll back protectionist measures by 2018-end

G-20 leaders, including those from India, the US and China, Monday promised to roll back protectionist measures by 2018-end and ensure rule-based and transparent multilateral trading system with WTO for global growth.

Sep 05, 2016, 21:41 PM IST
G20 determined to combat 'populist backlash' on trade: IMF

G20 determined to combat 'populist backlash' on trade: IMF

G20 leaders resolved to combat a "populist backlash" against global trade, and highlight the benefits it has brought including lifting millions out of poverty, IMF's Christine Lagarde said Monday.

Sep 05, 2016, 18:03 PM IST
WTO cuts 2016 global trade forecast to 2.8% on China slowdown

WTO cuts 2016 global trade forecast to 2.8% on China slowdown

In September, the WTO estimated that global trade would rise by 3.9 percent this year, but lowered that projection to 2.8 percent, in an updated forecast.

Apr 07, 2016, 18:01 PM IST

India for logical conclusion of DDR; open to joining APEC: FM

As one of the fastest growing economies, India views global trade as win-win option and favours "logical conclusion" to the Doha round as also being open to the idea of joining the APEC, Finance Minister Arun Jaitley said on Thursday.

Apr 07, 2016, 17:26 PM IST
China behind global trade slowdown in 2015: World Bank

China behind global trade slowdown in 2015: World Bank

The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday.

Mar 09, 2016, 23:25 PM IST
WTO meet starts; India, China press for Doha round conclusion

WTO meet starts; India, China press for Doha round conclusion

Trade ministers of as many as 47 countries, including India, China and several African nations, Tuesday asked the WTO members to "redouble" efforts to conclude pending issues of the long-stalled Doha Round.

Dec 15, 2015, 23:24 PM IST

Commerce Ministry trying to improve exports of all commodities

The Commerce Ministry was giving "importance" to overall industrial development and was trying to improve exports of all commodities, its Minister Nirmala Sitharaman said Friday.

 

Oct 09, 2015, 17:52 PM IST
WTO lowers global trade growth forecast to 2.8% for 2015

WTO lowers global trade growth forecast to 2.8% for 2015

Multilateral body WTO Wednesday lowered its trade growth forecast to 2.8 percent from 3 percent for this year due to falling import demand and lower commodity prices in the global market.

Sep 30, 2015, 17:20 PM IST

India Ratings retains negative outlook on shipping sector

Citing weak global trade growth and persistent overcapacity, India Ratings and Research (Ind-Ra) has maintained a 'negative-to-stable' outlook for the shipping sector for the current financial year.

Aug 03, 2015, 16:42 PM IST

High standard products important to access discerning markets: Kher

The government on Thursday asked the industry to manufacture and fix high standard for accessing discerning markets and enhance competitiveness of goods.

May 21, 2015, 14:22 PM IST

India concerned over pace of deciding agenda for next WTO meet

India on Tuesday expressed concern over slow progress in finalising the agenda for the Nairobi ministerial meeting of WTO members in December to resolve pending issues of Doha round.

May 12, 2015, 16:36 PM IST

Chinese exports facing mounting pressures: Govt

Amid slow recovery of the global economy and some countries resorting to currency depreciation, China Tuesday said it is facing mounting challenges like boosting its declining exports this year.

May 05, 2015, 22:42 PM IST

FTP proposes new institutions to boost global trade

The new Foreign Trade Policy unveiled today proposed setting up of a host of institutions, including Trade Council and National Committee on Trade Facilitation, to improve India's share in global trade and implement of WTO obligations.

Apr 01, 2015, 21:09 PM IST

Govt nod for signing pact on dry ports of global importance

The Cabinet on Tuesday gave a go-ahead to the proposal to sign an inter-governmental agreement on Dry Ports of International Importance, a move aimed at promoting global trade.

Mar 31, 2015, 23:30 PM IST

RBI Governor Raghuram Rajan wants more globalisation

Reserve Bank of India Governor Raghuram Rajan cautioned "large rich countries" against turning their back on globalisation, while saying he was keen for India to start "setting the agenda" in policy debates with other countries.

Feb 19, 2015, 14:39 PM IST

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