Business Standard

India to focus on Trade Facilitation pact for services at WTO meet

India is pitching for the pact as services contribute 60% to of its GDP, employ 28% of its workforce

Nirmala, Nirmala Sitharaman
Premium

Nirmala Sitharaman

Subhayan Chakraborty New Delhi
India will be focusing on the Trade Facilitation Agreement for services at the World Trade Organization (WTO), Commerce minister Nirmala Sitharaman said on Tuesday.
Talking about a concept note introduced by India at the WTO last year, Sitharaman said India's position reflected that of other major nations with a strength on trade in services.
The ministry has worked on this and has also taken a legal vetting, she added.
Major member economies of the WTO, such as India and the US, are expected to talk on trade-related issues on the sidelines of the World Economic Forum meeting in Davos later this month.
On new

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in