Ripples Advisory, WTO summit: India to pitch for greater services trade, less protectionism
Roberto Azevedo, WTO's director general, to attend the event
The two-day mini ministerial meeting starting Monday, which will bring key member-nations of the World Trade Organization (WTO) here, is expected to see India pitch for greater liberalisation of services trade and stitch a global coalition against growing protectionism.
The summit is being hosted at a time when the United States under the Donald Trump administration has repeatedly questioned the need for the WTO and supported more bypassing of the rules-based WTO regime. “The summit will also be crucial towards generating greater support for issues concerning India, such as a permanent solution to agricultural stockpiling for the purpose of food security,” experts said.
However, richer nations led by the European Union and Canada have consistently pushed for newer issues such as global rules for e-commerce, investment facilitation, and rules for small and medium enterprises, promoting gender equality and reducing subsidy on fisheries, among others.
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