The commerce ministry recommends imposing anti-dumping duties of up to USD 707 per tonne on PVC paste resin imports from China, Korea, Malaysia, Norway, Taiwan, and Thailand to protect domestic producers. The investigation by DGTR found these imports causing material injury to India’s industry. The final decision rests with the finance ministry. The commerce ministry […]
From Underdog to Market Leader: How India Beat China in the Toy Industry
India’s toy industry is thriving, with reduced imports from China and increased domestic production. Yet, challenges like scaling production, premium toy demand, innovation, and competition from electronic devices persist. Government support and industry efforts are key to achieving global competitiveness and leveraging India’s toy-making heritage. India’s Toy Industry: Beating China and Winning Hearts Toys that […]
India Pushes for Robust WTO Subsidy Rules on High Seas Fishing
India has pushed for stronger WTO rules on fishing subsidies, advocating for a 25-year moratorium on distant-water fishing subsidies and a per capita distribution to tackle overfishing. The proposal received support from developing nations, countering claims of hindering progress in the negotiations. India has called for stricter regulations on fishing subsidies under the World Trade […]
“India Pushes for Robust WTO Subsidy Regulations on High Seas Fishing”
At the World Trade Organization, India called for stricter fishing subsidy regulations, emphasizing the contrast between its modest support and the larger subsidies given by European nations. India proposed a 25-year moratorium on subsidies for distant-water fishing and recommended a per capita distribution criterion to combat overfishing. Developing nations backed India’s position, refuting claims that […]
WTO Director-General Reaffirms Commitment to Investment Pact After MC13 Trust Challenges
Ngozi Okonjo-Iweala has been reappointed as Director-General of the World Trade Organization (WTO) for a second term starting September 2025. Her focus will include advancing the Investment Facilitation for Development initiative to ease foreign investment in developing countries. Following trust issues at the WTO’s 13th Ministerial Conference (MC13), she aims to rebuild confidence among member […]
“How Artificial Intelligence is Revolutionizing International Trade: Key Insights from New Report”
New WTO Report Explores the Impact of Artificial Intelligence on Global Trade A new report published today, 21 November, by the World Trade Organization (WTO) Secretariat delves into the growing potential of artificial intelligence (AI) to reshape world trade. The report presents an in-depth analysis of how AI technologies are influencing international commerce and examines […]