Why in news? Government recently said “India has no plans to join the government procurement agreement grouping of the World Trade Organization (WTO), but is open to negotiating such agreements as part of bil...

WHY IN NEWS? India recently filed an appeal with the Appellate Body of the World Trade Organization (WTO) disputing a verdict by the WTO’s dispute settlement panel on sugar subsidies. The WTO’s disput...

Why in news? A recent resolution adopted by the European Parliament, urging the EU Commission to consider a temporary withdrawal of the GSP+ status given to Sri Lanka, has put the spotlight back on the country&rsqu...

Why in news? USA has indicated that it may support TRIPS waiver for covid 19 vaccines at WTO. About the agreement: The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an int...

Why in news? India is likely to press Biden Administration for early restoration of the Generalized System of Preferences (GSP) trade privilege for India. The privilege was withdrawn by outgoing President Donald...

WHY IN NEWS? Recently, a US senator has called for the abolishment of World Trade Organisation (WTO), which has sparked much debate about the need of the international trade body. WTO The WTO is responsible f...

WHY IN NEWS? The reputation and relevance of international institutions including the World Trade Organisation (WTO) has been in jeopardy due to recent increase in protectionist tendencies and US-China trade wars. ...