** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

Preparatory exercise held for the WTO Ministerial meeting to break the deadlock

A two-day brainstorming meeting on WTO in the Post-MC11 Phase was organized by the Department of Commerce and the Centre for WTO Studies on February 19-20. The participants included representatives from industry, government, academia, think tanks, civil society and trade policy experts. The meeting comes in the wake of WTO’s Ministerial gathering India is hosting in New Delhi to break the trade deadlock between developing and developed countries Next month.

The objective of organising this brainstorming was to consult as widely as possible to elicit views on the WTO in the post-MC11 phase. The agenda was comprehensive, covering a wide range of issues such as Agriculture, Services, Investment Facilitation, E-commerce, Institutional Issues, Development, MSMEs and Gender.

The meeting witnessed large participation and a frank and intensive exchange of views on all issues, both in the current negotiating agenda of the WTO as well as the issues being proposed for future negotiations by some countries.

In his remarks, the Commerce Minister expressed great satisfaction at the depth of issues discussed and the insights provided by the participants. He emphasized that special and differential treatment remains a critical aspect of the WTO's framework and this is non-negotiable for India. While some of the new issues being raised by others may also be of relevance to India, existing issues such as agriculture are critical livelihood issues, which are extremely important for India.

Reflecting on India's long membership of GATT/WTO, the Minister stated that India plays a key role in ensuring the continued relevance of the WTO, as this is in the best interest of all countries, without exception. In this context he highlighted the importance India places on the forthcoming informal WTO Ministerial gathering scheduled to be held in Delhi on March 19th and 20th on India's initiative, which is likely to be attended by over 50 countries representing the entire spectrum of nations ranging from LDCs, developing countries to the developed countries. .

 


Disclaimer
Copyright © 2018 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us