 "Minister for Commerce, Industry and Civil Aviation Suresh Prabhu with CII President Shobana Kamineni at a CII event in New Delhi on Monday. Photo: Dalip Kumar")
A day before US trade officials are scheduled to discuss key issues with India, Commerce and Industry Minister Suresh Prabhu said on Monday India would require to be ready for challenges posed to the global trading mechanism, hinting at the recent protectionist measures instituted by the US.
Addressing the Annual Session 2018 of the Confederation of Indian Industry, Prabhu told India Inc that countries that had benefited the most from global trade were resorting to unilateral measures that challenged the global trade mechanism under the World Trade Organization (WTO).
“We are seeing in a way a new normal emerging. The so-called certain
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