India to work for reforming WTO: Prabhu

NEW DELHI: India will work along with other countries to reform WTO and ensure that it continues to be an engine for global trade, Union Commerce and Industry Minister Suresh Prabhu said on Friday.

The Minister said India also looks forward to working with all member countries for an agreeable, forward looking, reform agenda. Through the G-20 forum India will take this idea forward in mission mode.

He said this before participating in the G-20 Trade and Investment Ministerial meeting being held in Mar del Plata in Argentina for two days from September 14.

Further, the key issues that will be discussed in the G20 ministerial meeting include global value chains, the new industrial revolution and the international trade outlook. The multilateral trading system is facing unprecedented challenges in the wake of protectionist measures by some countries, which is not compatible with the WTO, an official statement said here. (AGENCIES)

 

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