WTO Current Affairs - 2020

G20 Video Summit on Corona Virus

The Saudi Arabian King Salman is to chair the G20 summit on Corona Virus through a video conference. The Summit is to be held on March 26, 2020. The summit becomes significant as several international organizations are to participate in the summit. India is a member of G20. International Organizations Several worldwide international organizations are Read More…

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US removed “Developing” Tag for India: What are its implications?

Recently, the United States of America removed the “developing” tag for dozens of countries. India is one amongst them. These countries are to be classified as developed economies Highlights The “Developing” status for a country in the US is associated with US Trade Act, 1974. The act authorized General System of Preferences (GSP). The intention Read More…

India-EU Summit: EU President calls on PM Modi

On December 21, 2019, the EU President called on PM Modi to discuss regarding an early India-EU summit 2020. It is expected that the leaders will discuss on making progress on the issues related to Bilateral Trade and Investment Agreement (BTIA), Europol, counter-terrorism, Euroatom, climate change, etc. The summit is to be held in Brussels. Read More…

United States shuts down WTO appeal court

The Appeal Court of the World Trade Organization that acts as trade dispute settlement body for the members was shut down by the United States on December 9, 2019. The seven-member body that was cut down to a 3-member body in 2018 is now completely blocked by the United States. Without WTO’s appellate body, the Read More…

Darjeeling Green Tea & White Tea receive GI Tag

On November 16, 2019, two tea varieties of Darjeeling were registered under “Geographical Indication of Goods (Registration and Protection) Act, 1999”. It includes Green Tea and White Tea of Darjeeling. Darjeeling Tea Darjeeling produces 85 lakh kilograms of tea. Of this Green Tea constitutes 10 lakh kilo grams and White Tea constitutes 1 lakh kilo Read More…