India to remove retaliatory customs duties on eight US products – Times of India

[ad_1] NEW DELHI: India will remove additional duties on eight US products, including chickpeas, lentils and apples, which were imposed in 2019 in response to America’s measure to increase tariffs on certain steel and aluminium products, government sources said.During the recent state visit of Prime Minister Narendra Modi to the US, both countries decided the … Read more

US Accepts Historic WTO Fishery Subsidy Accord

[ad_1] Last Updated: April 12, 2023, 05:20 IST WTO director-general Ngozi Okonjo-Iweala hailed the move for bringing the agreement closer to coming into effect. (Image: WTO/Twitter) Before the announcement, only Singapore, the Seychelles and Switzerland had formally accepted the deal The United States on Tuesday formally accepted a historic agreement banning harmful fisheries subsidies, becoming … Read more

Global Trade Growth Seen Slowing To 1.7% In 2023: WTO

[ad_1] The organisation said that goods trade was more resilient than expected for most of last year. (File) Geneva: The World Trade Organization today said that 2023 global trade growth would be slightly better than feared, but would remain “subpar”, weighed down by the Ukraine war and stubbornly high inflation. Presenting their annual trade forecast, … Read more