FreeCurrencyRates.com

इंडियन आवाज़     18 Jan 2019 08:45:12      انڈین آواز
Ad

India should move WTO against protectionist tendencies of some countries: Suresh Prabhu

AMN / NEW DELHI

parbhuUnion Minister for Commerce and Industry and Civil Aviation Suresh Prabhu says, India should move World Trade Organization (WTO) against protectionist tendencies of countries hurting its interests.

In an interview to Dordarshan, Mr Prabhu spoke out against the escalating trade confrontation between the US and China.His remarks came after US imposed heavy tariffs on imported steel and aluminium, a decision that is impacting India, among several other countries.

The Minister said, countries being impacted by protectionism should move the WTO for dispute redressal and India too should move to the world trade body for relief if the need arises. Mr Prabhu, highlighted the benefits that expansion of global trade has brought to the world. He said, a trade war would only hurt economic growth and employment.

Speaking on efforts to increase the share of exports in country’s GDP, Mr Prabhu said, India is working on a strategy to diversify its exports by tapping into new products and markets. On government’s decision to divest 76% of its stake in Air India, the Civil Aviation Minister said, interests of Air India’s employees will be protected.

Leave a Reply

Your email address will not be published. Required fields are marked *

Ad
Ad

SPORTS

Maharashtra sweep all four gold medals in Kho-Kho; Haryana in three Kabaddi final at KIYG

  HSB / Pune On a day when there were only gold medals at stake, hosts Maharashtra made a clean s ...

Saina, Kidambi progress to quarterfinal of Malaysia Master

  Top Indian shuttlers Saina Nehwal and Kidambi Srikanth progressed to the quarterfinal of the Mal ...

Khelo India: Jharkhand stuns Odisha to set up Girls U-17 hockey title clash with Haryana

Harpal Singh Bedi / Pune “It is not over till it is over” Jharkhand proved this adage as after trailing 0 ...

Ad

MARQUEE

Major buildings in India go blue as part of UNICEF’s campaign on World Children’s Day

Our Correspondent / New Delhi Several monuments across India turned blue today Nov 20 – the World Children ...

US school students discuss ways to gun control

             Students  discuss strategies on legislation, communities, schools, and mental health and ...

CINEMA /TV/ ART

Noted Film actor Kader Khan passes away in Canada

Born in Kabul, Khan made his acting debut in 1973 with Rajesh Khanna's "Daag" and has featured in over 300 fil ...

Mortal remains of Mrinal Sen cremated in Kolkata

    Mortal remains of Legendary filmmaker Mrinal Sen, the last of the triumvirate of directi ...

Ad

@Powered By: Logicsart