India’s Commerce Secretary urged African countries to unite in calling for reforms at the World Trade Organization (WTO), emphasizing the need for a unified approach to address key issues like food security, technology transfer, and industrial policy. India also announced plans to expand trade with Africa, including new free trade agreements and the sharing of its logistics infrastructure programs to improve multimodal connectivity.
China has filed a formal complaint with the World Trade Organization (WTO) against the European Union (EU) over tariffs imposed on Chinese-made electric vehicles. This move comes as retaliation for the EU’s decision to implement these tariffs, which China claims violate WTO rules. Concerns are rising that this situation could escalate into a trade war, potentially causing significant economic damage.
India and the U.S. have settled their seven-year-long poultry dispute at the World Trade Organization (WTO). The resolution is a significant diplomatic breakthrough and demonstrates the importance of bilateral diplomatic channels in resolving trade disputes. Despite longstanding differences, India and the U.S. have managed to resolve seven trade disputes in just under a year, including the poultry dispute, which was initiated by the U.S. in 2012 over India’s import restrictions on poultry products due to avian influenza. The settlement comes on the heels of Prime Minister Narendra Modi’s visit to the U.S. and India’s participation in the U.S.-led Indo-Pacific Economic Framework.
