Source: TOI Subject: Economics Context: China has filed a fresh complaint against India at the World Trade Organization (WTO) challenging India’s solar subsidies and tariff measures. About China files WTO complaint against India: What is the issue? China has sought formal consultations with India under the WTO framework regarding subsidies for India’s photovoltaic (solar) sector. …
Topic: WTO related issues Q6. Examine the implications of subsidy-box negotiations at the WTO for India’s agriculture. Analyse how India can reconcile food-security needs with multilateral commitments. (10 M) Difficulty Level: Medium Reference: InsightsIAS Why the question WTO negotiations on subsidy boxes have intensified recently, raising concerns about India’s MSP, input subsidies and food-security operations …
Source: DTE Subject: Environment Context: The COP30 Presidency has formally launched the Integrated Forum on Climate Change and Trade (IFCCT), creating the first permanent global platform dedicated to navigating rising tensions between trade policies and climate action. About Integrated Forum on Climate Change and Trade (IFCCT): What it is? A politically supported, non-negotiating global platform …
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Syllabus: Effect of Policies and Politics of Developed and Developing Countries on India’s interest Source: TH Context: The European Union and India, under the New Strategic EU–India Agenda (2025) adopted in October, agreed to link the Indian Carbon Market (ICM) with the EU’s Carbon Border Adjustment Mechanism (CBAM). About The EU–India New Strategic Agenda 2025: …
Topic: Effect of policies and politics of developed and developing countries on India’s interests Q4. The anchors of global governance have come unstuck, and multilateral institutions are losing legitimacy. Analyse the impact of this trend on India’s foreign policy. Suggest ways India can safeguard its strategic autonomy. (10 M) Difficulty Level: Medium Reference: NIE Why …
Syllabus: Economy Source: WTO Context: The World Trade Organization (WTO) released its World Trade Report 2025, highlighting that Artificial Intelligence (AI) could raise global trade by 34–37% and GDP by 12–13% by 2040 if digital divides are bridged and inclusive policies are adopted. About World Trade Report 2025: What It Is? Annual Flagship Publication: Published …
Topic: Important International institutions, agencies and fora- their structure, mandate. Q4. Critically assess the World Trade organization’s effectiveness in safeguarding trade interests against unilateral protectionist measures. Examine India’s experience and outcomes in WTO dispute settlement cases. Suggest reforms to enhance the credibility and efficiency of multilateral trade governance. (15 M) Difficulty Level: Medium Reference: NIE …
Topic: Effect of policies and politics of developed and developing countries on India’s interests Q4. “The protectionist turn in U.S. trade policy signals not just an economic shift, but also a geopolitical recalibration”. Examine. How might this impact global multilateralism? (10 M) Difficulty Level: Medium Reference: NIE Why the question: Due to recent U.S. tariff …
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q5. The concept of “reciprocal tariffs” has been questioned globally. Analyse the economic rationale behind reciprocal tariffs. Discuss their implications for developing economies like India. (10 M) Difficulty Level: Medium Reference: NIE Why the question Due to rising unilateral tariff …
Topic: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora Q4. “The global multilateral order is increasingly being weaponized for national interests”. Do you agree? Examine the implications for India’s role in international institutions. How can India push for reform in global governance structures? (15 M) Difficulty Level: Medium …
Source: The Hindu Prelims:Protectionism, liberalization, WTO, GATT etc Mains GS Paper III:Government planning, mobilization of resources, LPG reforms, protectionism etc ARTICLE HIGHLIGHTS Indiaand the S. notified the World Trade Organization(WTO) of reaching a mutually agreed solution in the poultry dispute, withdrawing their respective pending WTO cases in the matter, following the settlement reached between the two countries. …
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GS Paper 3 Syllabus: Economic Liberalization Source: LM Context: Recently (July 2023) over 110 (it does not include India) of the WTO 164 members concluded text-based negotiations on the Agreement on Investment Facilitation for Development (IFA) What is the Agreement on Investment Facilitation for Development (IFA)? The Agreement on Investment Facilitation for …
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GS Paper 3 Syllabus: Economy: Globalization Source: WTO Context: The 2023 World Trade Report, published by the WTO, explores the role of international trade in building a more secure, inclusive, and sustainable world. Key findings of the report: What is re-globalization? Re-globalization is a concept that advocates expanding and strengthening international trade …
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Facts for Prelims (FFP) Source: ET Context: Trade experts and civil society members are urging India not to ratify the fisheries subsidies agreement recently agreed upon by the World Trade Organization (WTO) members. What is the Fisheries Subsidies Agreement at WTO? The fisheries subsidies agreement agreed upon by the WTO prohibits subsidies for …
GS Paper 2 Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate Source: TH Context: Since 2019, the WTO’s two-tiered dispute settlement system (DSS) remains paralysed. About World Trade Organization (WTO): It is an (“member-driven”, “consensus-based”) intergovernmental organisation that regulates and facilitates international trade between nations. It is the world’s largest …
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GS Paper 2 Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate Source: IE Context: The recently concluded G20 working group meeting on trade and investment focused on the important issue of WTO reform. World Trade Organization (WTO): It is a member-driven, consensus-based intergovernmental organisation that regulates and facilitates international trade …
GS Paper 2 Syllabus: Important International institutions, agencies and fora, their structure, mandate Source: TH Context: 3 WTO dispute settlement panels have found India’s tariffs (between 7.5 – 20%) on certain ICT products such as mobile phones inconsistent with India’s WTO obligations. Background: One of the central objectives of the WTO is …
Facts for Prelims (FFP) Source: LM Context: India has been issuing quality control orders (QCO) for products of mass consumption, including machinery safety equipment, pressure cookers, toys and air conditioners, to curb Chinese imports and boost exports. However, several WTO members have objected to this move and say that India’s QCOs are protectionist and may …
GS Paper 2 Syllabus: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Source: TH Context: India should not be opposed to joining the investment facilitation agreement (IFA) negotiations for fear of investor-state dispute settlement claims. Background: Even if the World Trade Organization (WTO) is inactive, IFA is one …
Facts for Prelims (FFP) Source: WTO Context: WTO has recently released this report. Key findings: World merchandise trade will grow slower ( 1.7% in 2023) before picking up to 3.2% in 2024 Risks to global trade: Geopolitical tensions, food insecurity, potential financial instability stemming from monetary policy tightening, and increasing levels of debt …
