Thursday, Apr 25 2024 | Time 16:16 Hrs(IST)
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India


Development must be at the centre of WTO reforms: India

New Delhi, May 13 (UNI) India on Monday said there is an urgent need to keep development at the centre of the reform agenda at the World Trade Organisation, as the proposals currently pushed by the developed world do not address the concerns of the developing countries.
Pointing out that the discourse for reforming the WTO unfortunately is characterised by a complete lack of balance, Commerce Secretary Anup Wadhawan said there had been no active engagement or movement on key issues of concerns for developing countries, including LDCs, in the negotiating agenda.
"The reform initiatives must promote inclusiveness and non-discrimination, build trust and address the inequalities and glaring asymmetries in existing agreements. These asymmetries are against the interest of developing countries, including LDCs," Wadhawan said at the start of a ministerial meeting of 22 Developing and Least Developing Countries here which is taking place ahead of June 28-29 G-20 meeting in Osaka, Japan, and the 12th Ministerial Conference of the WTO to be held in Kazakhstan in June next year.
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