WTO members taking part in the Trade and Environmental Sustainability Structured Discussions (TESSD) advanced work in four informal working groups covering climate measures, subsidies, environmental goods and services, and the circular economy at their first meeting of the year on 16-17 March. Stakeholders from the private sector, civil society and international organizations also contributed to […]
Climate fight is becoming the foundation for a new trading system – EQ Mag
This was the yr vitality’s world ruptured. Mysterious explosions that ripped aside the Nord Stream fuel pipelines beneath the Baltic Sea symbolized the severing and rewiring of long-standing commerce routes — casualties of Russia’s brutal, and botched, invasion of Ukraine and the sanctions imposed in response. But linkages additionally stretched and snapped removed from that […]
WTO issues information note on steel decarbonatization standards, readies for March event – EQ Mag
The WTO Secretariat on 21 December published a new information note mapping the proliferation of standards for decarbonizing the steel industry and outlining how the work of the WTO could support harmonization efforts and help prevent trade frictions. The note also underscores the importance of addressing developing countries’ needs with respect to decarbonization standards. It […]
WTO joins call for greener markets and trade logistics to promote low-carbon transition – EQ Mag
A side event at the COP27 climate summit in Sharm El-Sheikh, Egypt on 10 November organized by the WTO and other international organizations focused on ways sustainable trade can address the specific challenges of developing and least-developed countries (LDCs) in their transition towards low-carbon economies. The event “Accelerating the Low-Carbon Transition Through Sustainable and Inclusive […]
WTO to champion importance of trade in climate action toolkit at COP27 climate summit – EQ Mag Pro
The WTO is set to play an active role at the UN’s COP27 Climate Change Conference taking place in Sharm El-Sheikh, Egypt, from 6 to 18 November. A detailed agenda for the WTO’s participation and WTO resources on trade and climate change can be viewed on the new COP27 portal on the WTO website. The […]
PV cell maker Jupiter snags Rs 170 cr from Edelweiss Group – EQ Mag Pro
Photovoltaic (PV) cell manufacturing company Jupiter International on Monday said it has secured Rs 170 crore ($22 .2 million) from funds managed by Edelweiss Alternative Asset Advisors Ltd. The company plans to use the fresh money to boost manufacturing capacity of its PV solar cell space. The fundraise, which includes debt and convertible to equity […]
China Can Impose $645 Million Retaliatory Tariffs On US Imports Annually, Says WTO – EQ Mag Pro
WTO issued a decision in the US-China dispute over subsidy duties, stating that Beijing can impose duties on $645 million worth of US imports annually. The World Trade Organisation (WTO) on Wednesday issued a decision in the US-China dispute over subsidy duties, stating that Beijing can impose duties on $645 million worth of US imports […]
WTO Backs U.S. in Solar Cell Case Brought By China – EQ Mag Pro
The United States secured a victory at the World Trade Organization on Thursday in a case brought by China over U.S. measures to limit the import of solar panel cells. The United States imposed a system of tariffs and a quota in 2018 after U.S. producers complained that imports of certain crystalline silicon photovoltaic cells […]
WTO Panel Rejects China’s Solar Safeguard Challenge: US – EQ Mag Pro
According to the statement, the safeguard was established after the US International Trade Commission (USITC) found that the domestic solar industry was being seriously injured by increased imports Washington DC [US] : A WTO dispute settlement panel has rejected China’s challenges to the US safeguard tariffs on solar products, Office of the US Trade Representative […]
What is PLI Scheme?
Production Linked Incentive (PLI) scheme was launched by the central government to boost domestic manufacturing and make India globally competitive. The Government of India expects the nation to be well-positioned as a global hub for manufacturing. The PLI scheme aims to give companies incentives on incremental sales from products manufactured in domestic units. PLI scheme […]
