Subsidies to green hydrogen is violation of WTO norms

India believes huge subsidies announced by some developed countries for their green hydrogen sector can distort trade and is in violation of World Trade Organization (WTO) norms, power minister R.K. Singh said. Speaking at a press conference, Singh said that the big subsidies is a challenge for the industry in India as it aims to

China targets 16.2 million mt fuel oil imports by non-state-owned enterprises in 2022

The Ministry of Commerce of the People’s Republic of China (MOFCOM) on 23 December issued the 2022 Refined Oil (Fuel oil) Non-state trade import allowance application conditions, distribution principles and related procedures document. The import of fuel oil is subject to state-owned trade management, states MOFCOM. However, certain provisions between China and the World Trade