ET Commentary

WTO MC13: It's time for India to move beyond Abu Dhabi and should engage in interest-based negotiations

WTO MC13: It's time for India to move beyond Abu Dhabi and should engage in interest-based negotiations
Agencies

Change gears

Synopsis

The recently concluded WTO MC13 in Abu Dhabi was saved from collapse thanks to Ngozi Okonjo-Iweala and Piyush Goyal. Issues such as non-trade concerns, cotton subsidies, 'dirty subsidies', and food stockholding remain challenges. India's leadership role and interest-based negotiations are crucial for progress.

By , ET CONTRIBUTORS
5 mins read, Last Updated:
The recently concluded WTO MC13 in Abu Dhabi would have collapsed like the 1999 Seattle and 2003 Cancun rounds had it not been for WTO director general Ngozi Okonjo-Iweala, and GoI trade minister Piyush Goyal. The Seattle ministerial collapsed because the US and others tried to bring in non-trade issues like labour and environment standards on board. Many, including India, opposed them, as they did in Abu Dhabi, too. Cancun collapsed because of

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