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China tariffs by US broke global trade rules: WTO panel, Switzerland
A World Trade Organisation panel has ruled that the US tariffs on $200 billion worth Chinese goods are illegal. The three-person panel said the US duties broke global trade rules as those applied only
Indonesian garment-textile unions, employers sign pledge, Indonesia
Four garment and textile unions and three employer associations in Indonesia recently signed a commitment to promote safety, health and welfare of workers and business sustainability. The declaration
Over one in six youth out of work due to COVID-19: ILO, Switzerland
More than one in six young people have stopped working since the onset of the COVID-19 pandemic while those who remain employed have seen their working hours cut by 23 per cent, according to the
World textile & apparel trade dropped in 2019: WTO, Global
The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent to $492 billion, according to the World Trade Statistical Review
World merchandise trade to fall sharply in H1 2020: WTO, India
The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19 pandemic disrupts the global economy, the WTO Goods Trade Barometer released this week
India proposes customs duty on CAD files for 3D printing, India
Pushing its case for countries to be able to tax electronic transmissions, India recently proposed imposing customs duties on computer-aided design files needed for 3D printing. Electronic
WTO sees proof of G20 steps towards open trade policies, Switzerland
Tariff increases, import bans, stricter customs procedures, export duties and other such measures introduced between mid-October last year and mid May this year affected 2.8 per cent of G20 trade,
Global trade unlikely to reach worst-case scenario: WTO, Global
World trade fell sharply in the first half of the year 2020, as the COVID-19 pandemic upended the global economy. However, rapid government responses helped temper the contraction, and WTO economists
ILO calls for urgent policy measures to support businesses, Switzerland
The continued sharp decline in working hours due to COVID-19 means 1.6 billion informal economy workers, i.e., nearly half of the global workforce, are in immediate danger of losing their livelihoods,
India's new FDI rules violate WTO trade principles: PRC, India
India's new foreign investment rules, introducing additional barriers, violate World Trade Organisation principles of non-discrimination and are against free and fair trade, the Chinese embassy in New
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