World Trade Statistics 2023
As per the WTO’s Trade Statistics 2023 report India has retained its position as the eighth-largest exporter of agricultural products
SCOMET List
India’s Customs authorities seized a consignment of Ortho-Chloro Benzylidene Malononitrile, a banned chemical under the SCOMET List, destined for Pakistan
World Investment Report 2024
The UNCTAD (UN Trade and Development) has recently released the World Investment Report 2024. Key Findings: UPSC IAS Preparation Resources
WTO’s Committee on Import Licensing (CIL) | UPSC
Japan and China raised concerns over India’s laptop import licensing measure, announced in August 2023 but soon reversed, at the
India Records Trade Deficit with 9 of Top 10 Partners in 2023-24
As per the data from the Union Ministry of Commerce and Industry, India recorded a trade deficit with 9 of
India as a part of global value chains
NITI Aayog CEO recently emphasized that India must adapt to non-tariff barriers and become part of Global Value Chains (GVC)
Chabahar Port
10-year contract signed for the development of Shahid Beheshti Port Terminal at Chabahar Port. About Chabahar Port: Strategic Importance Geopolitical
Aggregate Measurement of Support (AMS)
The United States and Australia have accused India of exceeding the WTO’s 10% subsidy limit for developing countries by providing
FEMA (Foreign Exchange Management Act)
The Reserve Bank of India has recently amended the FEMA (Foreign Exchange Management Act) regulation to facilitate foreign investment in
30 years of TRIPS Agreement
The WTO (World Trade Organization) recently commemorated the 30th anniversary of the Agreement on Trade-Related Aspects of Intellectual Property Rights