The World Trade Organisation’s seventh ministerial meeting held earlier this month at Geneva ended without anything substantial to show. But then the meeting was not meant to be “a substantive negotiating round.” It did not face the kind of controversies that marred previous ministerial meetings at Seattle (1999) and Cancun (2003), which collapsed amidst intense acrimony. At Geneva, trade ministers were given an agenda that deliberately skirted the subst antive...

There are now one billion hungry people on the globe, United Nations Secretary General Ban Ki-moon said recently. A statistic that is shameful and shocking at the same time. The global financial crisis too has led to a dramatic rise in hunger across the world. Ban warned that the food crisis is a wake-up call for tomorrow since by 2050 the planet's population will be 9.1 billion people, over two billion more...

It has been a bumpy ride, with developed countries failing to make definite commitments and India hinting at a shift of stance. THE last leg of the climate change talks held in Barcelona, Spain, on November 2-6 in the run-up to the all-important 15th Conference of the Parties (COP-15) to the United Nations Framework Convention on Climate Change (UNFCCC) in Copenhagen in December did not result in any dramatic development...

EU trade commissioner said it will soon resolve the issue of confiscation of Indian drugs being exported to developing countries. EU Trade commissioner Catherine Ashton said a team of customs officials from the European Commission will be in New Delhi shortly to discuss the issue. “We talked about this issue. Our commitment on pharma, on generics is to find a solution that works for India,” she said after a meeting...

Concerted efforts have been made to give a new lease of life to the Doha Round of WTO negotiations. The question before us is: what is the most relevant role which this revived round of trade talks can play? If we take an overview of the entire international trade scene and the changes that have taken place ever since the WTO was created (including the negotiations which preceded the WTO’s...