Both sides also affirmed their commitment to work together on common priorities for WTO (World Trade Organisation) reforms including issues pertaining to the dispute resolution mechanism, subsidies on agriculture and fisheries, ecommerce moratoriums as well as domestic legislation, the commerce ministry said.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half