An Indian Government Officer, Anwar Hussain Shaik has been made the chair of the World Trade Organisation’s Committee on Technical Barriers on Trade. Mr. Shaik will take this role from Elisa Maria Olmeda de Alejandro from Mexico. WTO is a 164-member multilateral body which formulates rules for global exports and imports and adjudicates disputes between countries on trade-related issues. India is a member since 1995.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
What is the Technical Barriers to Trade (TBT) Agreement?
The Technical Barriers to Trade (TBT) Agreement aims to ensure that technical regulations, standards and conformity assessment procedures are non-discriminatory and do not create unnecessary obstacles to trade. TBT Committee work involves two broad areas, review of specific measures and strengthening implementation of the TBT Agreement. WTO members use this committee to discuss specific trade concerns, specific laws, regulations or procedures that affect their trade, usually in response to notifications.
Important takeaways for all competitive exams:
Public Sector Banks (PSBs) in India have posted a record-breaking cumulative profit of ₹1.78 lakh…
The Government of India has recently notified the expansion of the Credit Guarantee Scheme for…
The first round of negotiations for the India–New Zealand Free Trade Agreement (FTA) concluded successfully…
The term "Bunyan Ul Marsoos" recently gained attention after Pakistan named a military operation against…
India’s robust economic reforms, consistent fiscal consolidation, and resilient banking system have led global credit…
Kamikaze drones, also known as loitering munitions or suicide drones, are a unique class of…