Will trade growth slow in 2022?
Trade growth is likely to slow in the closing months of 2022 and into 2023, according to the latest WTO Goods Trade Barometer released on 28 November, as the global economy continues to be buffeted by strong headwinds.
What is India's view on WTO reforms?
India believes that WTO reforms discussions must focus on strengthening its fundamental principles.
What does Goyal say about the WTO?
Addressing the press briefing here, Goyal said that both countries have directed their officials to engage “very aggressively” over the next two or three months to find a bilateral settlement of the WTO issues, demonstrating the trust between the two countries.
What are the WTO rules?
The WTO’s rules – the agreements – are the result of negotiations between the members. The current set is largely the outcome of the 1986- 94 Uruguay Round negotiations, which included a major revision of the original GATT. The WTO Secretariat is based in Geneva (Switzerland).