India Calls for Development-Centric Approach at WTO

GG News Bureau
New Delhi, 29th Feb.
 In a resolute stance at the World Trade Organization (WTO), India championed the cause of development, urging for its central placement in the WTO’s current and future agenda.

Emphasizing historical promises made by developed countries on development issues, India highlighted the need for tangible actions to address the vulnerabilities faced by developing countries and Least Developed Countries (LDCs).

India highlighted the critical juncture at which the multilateral trading system stands today, beset by internal and external challenges amid a backdrop of global crises. Developing countries, including LDCs, are not only grappling with these challenges but also vigorously defending their interests within the WTO framework.

Asserting that development lies at the core of WTO’s mandate, India urged prioritization and effective solutions to address the myriad challenges faced by developing nations, including LDCs. Special and Differential Treatment principles, essential for leveling the playing field, were reaffirmed as integral to the WTO’s objectives.

India drew attention to the irony of developed countries benefiting from policy tools during their industrialization, only to now oppose similar measures for developing countries. Urgent flexibilities in existing rules were stressed to support infant industries and ensure a level playing field.

In discussions on the draft Abu Dhabi ministerial declaration, India emphasized the need for a focus on issues relevant to developing countries, with proposals tailored to prioritize their concerns. India further insisted on addressing past decisions and unfulfilled mandates before considering new issues for ministerial mandates.

India’s unwavering stance underscores the critical importance of placing development at the forefront of the WTO’s agenda, ensuring equitable opportunities and fair treatment for all member nations, particularly those striving for economic growth and sustainability.

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