EU accuses US of breaking WTO rules with green energy incentives

The US’s flagship green technology legislation breaches global trade agreements, risks a global “race to the bottom” on clean energy incentives, and could lead to retaliation, Brussels has claimed. In its first formal response on the Inflation Reduction Act, EU documents seen by the Financial Times state that the $369bn package of subsidies and tax … Read more

India discusses cooperation among IBSA countries in various multilateral fora, including UN, WTO and G20

The IBSA has emerged as a key tripartite grouping for the promotion of cooperation in a range of areas. The IBSA has emerged as a key tripartite grouping for the promotion of cooperation in a range of areas. India has discussed ways to step up cooperation among IBSA (India, Brazil, South Africa) countries in various … Read more

India defends its decision to ban rice, wheat exports at WTO

At a meeting in Geneva, the U.S. and the European Union raised questions over India’s decision to ban export of wheat and rice, stating it could have adverse implications on global markets At a meeting in Geneva, the U.S. and the European Union raised questions over India’s decision to ban export of wheat and rice, … Read more