Kazakhstan became 162th member of WTO

Kazakhstan, a member of the Russia-led economic blocks became 162th member of World Trade Organization (WTO). The agreement of accession was signed between the WTO Director General Robert Azevedo and Kazakhstan president Nursultan Nazarbayev at Geneva. The path of Kazakhstan to become WTO member was difficult because of the complexity of process and it is

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WTO members reach landmark $1.3 trillion IT trade deal to cut tariffs

World Trade Organisation (WTO) members reached a landmark Information Technology (IT) trade deal in order to add more than 200 products to the list dealing with zero-tariff and duty-free trade. In this agreement, products covered will include new-generation semi-conductors, medical products which include magnetic resonance imaging (MRI) machines, GPS navigation systems, machine tools for manufacturing

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China nominates Jin Liqun for President of AIIB

China has nominated its former finance Minister Jin Liqun as the Presidential candidate Asian Infrastructure Investment Bank (AIIB). President of AIIB The President of AIIB will be national of a regional member. Election process: He will be elected an open, transparent and merit-based process by the Board of Governors of Bank with 75 per cent

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