India has warned of the collapse of the World Trade Organization’s (WTO) Appellate Body. This statement came as the US has repeatedly blocked the selection complaining the Appellate Body failed to follow the rules in the Dispute Settlement Understanding. The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of… Continue reading India warns WTO’s appeals body may collapse
Tag: US
India, Russia seek to skirt US sanctions threat to arms deals
Russia and India have agreed on a new mechanism which will allow payments for multi-billion dollar defence deals to be made using their own national currencies. This mechanism was established after Indian banks with exposure to the US had suspended payments and instalments to Russia to avoid the threat of punitive sanctions under Countering America’s… Continue reading India, Russia seek to skirt US sanctions threat to arms deals
U.S. Congress to vote on bill to remove country-cap on Green Card
The US House of Representatives will vote on legislation called Fairness for High-Skilled Immigrants Act also known as HR 1044.The bill seeks to lift the country-cap on issuing green cards. The lifting of per-country cap on Green Card would mainly benefit professionals on H-1B visas from countries such as India for whom the wait for… Continue reading U.S. Congress to vote on bill to remove country-cap on Green Card
Antifa: why America is talking about group that uses violence with ‘fascists’
Recently, the US witnessed a violence during a pro-Donald Trump demonstration by the Proud Boys and a counter-protest by Antifa members. Proud Boys are known as a white supremacist exclusively male group based in the US with a presence in a few other countries.On the other hand,Antifa has a more international background and gained prominence… Continue reading Antifa: why America is talking about group that uses violence with ‘fascists’
U.S. curbs,Chabahar downgrade choke Indo-Afghan trade
The government in its Budget has allocated ₹45 crore for India’s building activities in the port of Chabahar Iran.This is a reduction from the previous year’s allocation of ₹150 crore. Experts have said that this reduction will affect the India-Afghan trade, which is already hit by (a)Pakistan’s decision to ban airspace rights to most flights… Continue reading U.S. curbs,Chabahar downgrade choke Indo-Afghan trade
US drags India to WTO over duty hike on 28 American goods
The US has dragged India to the World Trade Organization(WTO) for according less favorable treatment to its products. India had levied higher tariffs on American products in response to the US imposing a global additional tariff of 25% and 10% on import of steel and aluminium product respectively. The US has said that the additional… Continue reading US drags India to WTO over duty hike on 28 American goods
Govt attempts fresh focus on FTAs, talks with U.S., EU and ASEAN negotiators next week
Indian Government will engage in three sets of important trade talks with the European Union (EU), the United States and ASEAN (Association of Southeast Asian Nations). The talks will focus on resolving its pending talks on trade and dispelling criticism that India has been protectionist and held up Free Trade Agreement(FTA) negotiations. The chief negotiator… Continue reading Govt attempts fresh focus on FTAs, talks with U.S., EU and ASEAN negotiators next week
US Senate passes legislative provision to give India NATO ally-like status
The United States Senate has passed a legislative provision that brings India at par with US NATO allies and countries like Israel and South Korea for increasing defence cooperation. This legislative provision was part of the National Defence Authorisation Act for the fiscal year 2020. The legislation provides for increased US-India defence cooperation in the… Continue reading US Senate passes legislative provision to give India NATO ally-like status
US declares Pakistan’s separatist Baluchistan Liberation Army as terrorist group
The United States has designated the Balochistan Liberation Army(BLA) as a terrorist organisation. The terrorist designation allows the US administration to seek criminal penalties against elements of the BLA and foreign officials deemed to be aiding it.It will also allow US to ban travel to the United States for individuals associated with BLA. The US… Continue reading US declares Pakistan’s separatist Baluchistan Liberation Army as terrorist group
US unveils 50 Billion Dollar Economic Plan for Palestine
United States has unveiled a 50 billion dollar global investment plan for the Palestinians under the Middle East peace plan. The scheme calls for a mix of public and private financing and intends to create at least a million new jobs for Palestinians. The plan also outlines ambitions for free and secure movement of people… Continue reading US unveils 50 Billion Dollar Economic Plan for Palestine