The Hindu Editorial (Breaking the ice) – Nov 24, 2021

Editorial Words

3 years ago

The Hindu Editorial (Breaking the ice) – Nov 24, 2021

On her maiden visit to Asia, U.S. Trade Representative Katherine Tai held bilateral meetings with Commerce and Industry Minister Piyush Goyal and relaunched the U.S.-India Trade Policy Forum (TPF). For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Breaking the ice) – Nov 24, 2021.

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The Hindu Editorial (Breaking the ice) – Nov 24, 2021:

break the ice (phrase) – to start a conversation with someone you don’t really know.
ties (noun) – association, relationship, connection.
revive (verb) – restore, revitalize, renew, bring back.
the U.S.-India Trade Policy Forum (TPF) (noun) – Established in 2005, the U.S.-India Trade Policy Forum (TPF) seeks to resolve outstanding bilateral issues between the two countries and promote trade and investment through focused discussions under various working groups such as on agriculture, tariff and non-tariff barriers, services, investment and innovation. It met last in October 2017.
vicious (adjective) – terrible, dreadful, awful, dangerous.
vicious cycle (noun) – also known as a vicious circle; a chain of negative events reinforce themselves. The situation spirals in a downward loop, becoming increasingly worse with time. A situation in which the solution to one problem creates a chain of problems, each making it more difficult to solve the original one.
maiden (adjective) – first.
bilateral (adjective) – involving two groups or countries.
transpire (verb) – happen, occur, take place.
machinations (noun) – schemes, plots, tricks, tactics, plans, intrigues.
free trade (noun) – a policy to eliminate barriers/limits/regulations against imports and exports.
free trade agreement (FTA) (noun) – an agreement between two or more countries designed to reduce or eliminate certain barriers to trade and investment, and to facilitate stronger trade and commercial ties between participating countries.
setback (noun) – problem, difficulty, issue.
tariff (noun) – a tax imposed by one country on the goods and services imported from another country.
withdrawal (noun) – removal.
Generalised System of Preferences (GSP) (noun) – The Generalized System of Preferences (GSP) is a U.S. trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for thousands of products from 129 designated beneficiary countries and territories.
trigger (verb) – cause, produce, bring about, prompt.
retaliatory (adjective) – revenging, vengeful, avenging.
barb (noun) – insult, sneer, jibe, cutting remark, affront, rebuff.
marquee (adjective) – greatest, important, major.
optics (noun) – the way in which something (political action/situation) is recognized by the general public.
solely (adverb) – only, totally.
norm (noun) – standard, convention, rules of conduct.
slam/shut the door on (phrase) – to refuse to consider/accept something (an idea, plan, solution, etc.); deny, reject, decline, spurn, dismiss (an idea/plan/solution).
cold (adjective) – indifferent, unwelcoming, withdrawn, uncommunicative, unresponsive, unfeeling, unemotional, dispassionate, passionless.
rue (verb) – regret, be sorry about, feel apologetic about.
stance (noun) – position, approach, standpoint.
scuttle (verb) – (intentionally) cause something to fail.
seal a deal (phrase) – to finalize the deal; to come to an agreement.
reset (verb/adjective) – re-establish (ties); re-establishing.
nudge (verb) – push, prod, encourage, prompt.
outline (verb) – indicate, delineate, give a rough idea of, summarize.
misgivings (noun) – doubt, suspicion, distrust, apprehension.
interest (noun) – a particular (common) concern, especially in politics or business.
engage (verb) – involve, participate, take part (in a (diplomatic) talk/discussion with someone).
sphere (noun) – an area of activity; a field of activity; domain, realm.
look at (verb) – view, regard, consider, think of, deem, judge.
supply chain (noun) – a dynamic network when a company purchases or uses goods or services from others. It involves people, information, processes, and resources involved in the production, handling, and distribution of materials and finished products or providing a service to the customer.
pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
seek (verb) – try, aim, attempt.
cut (verb) – reduce, decrease, lessen.
account for (phrasal verb) – constitute, make up, comprise, form, compose, represent.
generic (adjective) – unbranded, untrademarked, non-proprietary.
generic drugs (noun) – unbranded drugs; copies of brand-name drugs that contain the same chemical substance as a drug that was originally protected by chemical patents.
assuage (verb) – relieve, alleviate, soothe, mitigate, tone down; satisfy, fulfil, gratify, appease.
regulatory (adjective) – governmental, supervisory.
plain-speaking (noun) – frankness, outspokenness.
live up to (phrasal verb) – satisfy, fulfil, achieve, meet.
potential (noun) – possibilities, potentiality, prospects.
tariff/trade barriers (noun) – taxes established by each country to restrict foreign trade.
non-tariff barriers (noun) – it refer to any measures, other than customs tariffs, that regulate imports or exports into a country. Non-tariff barriers include embargoes, sanctions, and levies.
grounded (adjective) – sensible, well balanced.
realism (noun) – pragmatism, practicality, matter-of-factness.
wake-up call (noun) – something which alerts a person to a problem and makes him/her to do some remedial action.
posture (noun) – position, approach, attitude, standpoint, view.
spur (verb) – stimulate, encourage, prompt, galvanize.
irrespective of (adjective) – notwithstanding, without regard for, regardless of.
intellectual property (noun) – a category of property that includes intangible (non-physical) creations of the human intellect. The most well-known types are copyrights, patents, trademarks and trade secrets.
intellectual property rights (IPRs) (noun) – the rights given to persons over the creations of their minds. The IPRs are legal rights that protect creations and/or inventions resulting from intellectual activity in the industrial, scientific, literary or artistic fields.
Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) (noun) – the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is the most comprehensive multilateral agreement on intellectual property (IP). It plays a central role in facilitating trade in knowledge and creativity, in resolving trade disputes over IP, and in assuring WTO members the latitude to achieve their domestic policy objectives. It frames the IP system in terms of innovation, technology transfer and public welfare. The Agreement is a legal recognition of the significance of links between IP and trade and the need for a balanced IP system.
waiver (noun) – deferral, rejection, renunciation (with no stipulations/restrictions).
vaccine (noun) – a biological preparation that improves immunity to a particular disease.
World Trade Organization (WTO) (noun) – an intergovernmental organization that is concerned with the regulation of international trade between nations.
seize (verb) – grab, grasp, take hold of.
cement (verb) – bond, join, connect.
envisage (verb) – expect, intend, propose, envision, contemplate.
for starters (phrase) – first of all, to start with.
steer away (from) (phrase) – avoid, sidestep, keep away from.
protectionism (noun) – the use of tariff and non-tariff restrictions on imports to protect domestic producers from foreign competition.
adrift (adjective) – lost, off track, disoriented/confused.