US wants India & China to be treated as 'emerging' countries, than 'developing' (current status) World Trade Organisation WTO caps applicable to India’s food subsidies if the talks are materialized with the U.S India is the world’s largest Least Developed Country where about 600 million live at less than $2 a day Study done by the U.S along with Pakistan and Canada … [Read more...] about U.S. Push to Tag India as ‘Emerging Economy’ Aimed at Market Access
WTO
WTO: Modi Banks on BRICS
Permanent protection to India’s food subsidies still remains untouched issue and is a big challenge for Modi’s government U.S has still not spoken on this and the hope for this is the BRICS (Brazil, Russia, India, China and South Africa) association as Mr.Modi will raise the talks in the upcoming BRICS summit 2014 While talks are going on with the U.S and the work is … [Read more...] about WTO: Modi Banks on BRICS
BNP Fines Will Hurt Trade Deal: France
France’s biggest bank, BNP Paribas bank, is accused of breaking U.S. sanctions against Iran, Sudan and Cuba between 2002 and 2009, for which the US is preparing to impose imposes a record $10 billion fine on it. France has warned possible negative impacts on the EU-US Transatlantic Trade and Investment Partnership as the fine could destabilize the financial system, cut … [Read more...] about BNP Fines Will Hurt Trade Deal: France
Globalisation
Consider the following scenario: In Country 1 raw material is extracted. Country 2 possesses the knowledge to extract the raw materials. Country 3 will undertake the actual processing. Country 4 will provide the money or capital for the above processes. What Actually Is Globalization? It is the interaction of nations and people through trade, travel, … [Read more...] about Globalisation
USTR Puts India Back On IPR Watch List
Obama administration’s decision to maintain India on its Priority Watch List in the Special 301 Report despite mounting pressure for sterner action from pharma companies and lobbyists has been regarded as wise by India. The Special 301 report is an official assessment of the global state of IPR protection and enforcement in the U.S In a move that will improve bilateral … [Read more...] about USTR Puts India Back On IPR Watch List