India to host meeting of WTO member nations in February 2018

Dec 19, 2017 16:49 IST
India to host meeting of WTO member nations in February 2018

India has announced that it would be hosting a meeting of World Trade Organisation (WTO) member countries in February 2018 to muster support for food security and other issues.

The announcement was made by Commerce and Industry Minister Suresh Prabhu while speaking at an event organised by Apparel Export Promotion Council (AEPC) in New Delhi on 18 December 2017.

The minister stated that the government is trying to call a meeting of almost 30 to 40 countries in Delhi to help the multi-lateral process.

The main aim of the meeting is to bring together like-minded nations and explain to them the country's position as well as concerns over issues of common interest.

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Background

The announcement comes against the backdrop of developed nations forming groupings to prepare the ground for pushing investment facilitation, preparing rules for e-commerce, promoting gender equality and reducing subsidy on fisheries with a view to curbing illegal, unreported and unregulated fishing.

India has been keenly pushing agriculture issues at the World Trade Organisation.

It has also been raising its voice against bringing new issues, especially those which are not directly linked to trade, on the negotiating table.

The meeting is expected to help India in explaining its stand on various issues to the member nations and preparing them for a collective action.

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