By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: India demands WTO action on trade barriers, dispute resolution reform – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > India demands WTO action on trade barriers, dispute resolution reform – World News Network
Business

India demands WTO action on trade barriers, dispute resolution reform – World News Network

worldnewsnetwork
Last updated: June 4, 2025 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

Paris [France], June 4 (ANI): India has pushed for comprehensive World Trade Organization (WTO) reforms, calling for decisive action against non-tariff barriers and restoration of the paralysed dispute settlement mechanism during high-level ministerial discussions in Paris.
Commerce and Industry Minister Piyush Goyal outlined India’s reform agenda at a mini-ministerial gathering of 25 WTO member countries, emphasising the need to address trade distortions and strengthen multilateral governance ahead of next year’s crucial ministerial conference.
Speaking to reporters after the Australia-convened meeting, Minister Goyal articulated India’s three-pronged approach to WTO modernisation.
“India made a strong pitch for addressing non-tariff barriers that certain countries use to deprive others of market access, taking necessary action against non-market economies, and ensuring we have a strong dispute settlement mechanism,” he said.
The minister emphasised preserving the WTO’s consensus-based decision-making process while maintaining special treatment for developing nations – principles India views as fundamental to the trading system’s legitimacy.
India’s concerns are central to the WTO’s crippled dispute settlement system, which has been effectively non-functional since 2009 due to US opposition to appellate body appointments.
The paralysis has left countries without recourse when trade disputes arise, undermining the organisation’s enforcement capacity.
While some members have promoted the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) as an alternative, Minister Goyal expressed scepticism about its effectiveness.
“Only one or two members spoke about that, but there doesn’t seem to be much consensus or traction to that idea. I haven’t heard of any cases resolved through MPIA,” he noted.
India firmly rejected attempts to expand the WTO’s mandate beyond traditional trade issues, particularly opposing the China-led Investment Facilitation for Development proposal backed by 128 countries.
Minister Goyal argued that such initiatives would fragment the multilateral system and create new divisions among members.
“Issues that have been mandated at the WTO should get priority and should be the first issues to be resolved,” he said. “Issues going beyond trade should not be brought into it as it would create further differences between member countries.”
The discussions addressed several longstanding challenges, including agricultural trade reforms and environmental concerns.
Key agenda items included finding permanent solutions for public food grain stockholding programs and addressing overfishing practices that threaten marine ecosystems.
Minister Goyal highlighted the need to resolve existing mandated issues before introducing new frameworks, reflecting India’s preference for completing unfinished business rather than expanding the organisation’s scope.
Despite growing tensions within the 166-member organisation, Minister Goyal rejected suggestions that the WTO faces an existential crisis.
“One should not jump to the conclusion that an existential crisis has been created,” he said, calling for pragmatic problem-solving within existing frameworks.
The minister emphasised collective commitment among participating countries to revitalise the organisation.
“We have all resolved to collectively work to strengthen the working of the WTO, to ensure core principles are respected and work towards global good and global growth in trade,” he stated. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

India wants to be competitive alternative in global maritime, with USD 20 billion pledged for shipping infrastructure: Sonowal – World News Network

AstroSushil by Sushil Kumar Singh Empowers 1 Lakh+ Learners Through Astrology Courses with Global Reach – World News Network

NIAT is Empowering Universities to Deliver NEP-Aligned, Industry-Ready Education – World News Network

RBI’s rate cut will boost mid-segment housing affordability in top cities, say real estate executives – World News Network

Key Things to Know Before Applying for a Gold Loan in India with Bajaj Finance – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Rohan Khatau: Driving Smart and Sustainable Growth at CCI Projects – World News Network
Next Article Elon Musk’s father visits Ram temple in Ayodhya – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

Ang Lee to direct ‘Old Gold Mountain’ – World News Network
Entertainment June 6, 2025
Billy Joel shares he attempted suicide twice, fell into coma after his affair with friends’ wife – World News Network
Entertainment June 6, 2025
Dakota Johnson stays silent on her breakup with Chris Martin – World News Network
Entertainment June 6, 2025
Viola Davis to star in thriller ‘Ally Clark’ – World News Network
Entertainment June 6, 2025

Sports

“Winning or losing doesn’t change it, I’m always under pressure”: Gambhir ahead of England Test series – World News Network
Sports
Ireland make three changes in their squad for upcoming West Indies T20I series – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Viola Davis to star in thriller ‘Ally Clark’ – World News Network
Entertainment
Dakota Johnson stays silent on her breakup with Chris Martin – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?