China to challenge US tariffs at WTO, offers for dialogue
BEIJING : China has announced plans to formally challenge the latest US tariffs through the World Trade Organization, the country’s commerce ministry confirmed it to Reuters on Sunday.
Commerce Ministry to hold three-day meeting with Indian Missions to boost exports
NEW DELHI : The Indian Government, in collaboration with officials from Indian missions across 20 nations, is set to hold a three-day meeting from January 6 to 8,
Trump tariffs to define global trade in 2025, India has fingers crossed
NEW DELHI : The liberal use of threats of tariffs by US President elect Donald Trump before his inauguration in January puts all forecasts of how world trade
Department of Commerce-Year End Review 2024
NEW DELHI : Following are the important achievements and milestones of the Department of Commerce in the year 2024: Free Trade Agreement (FTA) negotiations India and the European Free
Indian trade deficit narrows to $27.14 billion in Oct ; Commerce Secy calls WTO projections pessimis
NEW DELHI : India’s merchandise trade deficit or the gap between import and exports narrowed to $27.14 billion in October, revealed the data released by the Ministry of
Driving the Future of Customs: Insights from the 245th/246th Sessions of the PTC : WCO
BRUSSELS : The 245th/246th Sessions of the Permanent Technical Committee (PTC) were held from 23 to 25 October 2024, at the World Customs Organization (WCO) Headquarters in Brussels,
The Future of India’s Merchandise Exports is moving beyond service reliance
NEW DELHI : Merchandise exports grew only 1.02 per cent from $211.08 billion to $213.22 billion. Services exports did exceedingly well, rising 9.66 per cent from $164.14 billion
U.S. hikes tariffs on Chinese goods amid industry complaints
WASHINGTON : The U.S. on Friday finalized tariff hikes on certain Chinese-made products first announced in May amid industry complaints that these increases would disrupt supply chains and
Imports from India drive Nepal’s high trade deficit, not WTO : Director-General
GENEVA : Nepal’s increased trade deficit since joining the WTO is not a direct result of its membership in the global trade organisation, but rather due to its
Global trade helped reduce extreme poverty, inequality : WTO
GENEVA : A new World Trade Organisation (WTO) report has stated that global commerce has played a critical role in reducing extreme poverty from 40pc to 11pc. Global