Multilateral trade: India to hold 2-day WTO ministerial meeting from today

Over a dozen trade ministers will meet in Delhi today to discuss issues confronting multilateral trading

India has convened a WTO (World Trade Organization) ministerial meeting of 16 developing and six least developed countries starting Monday. Issues such as impasse on the appointment of WTO's appellate body members and way forward on reforms at the global trade body would be discussed in the meeting of developing countries in New Delhi on May 13-14.

The meeting is being held at a time when the multilateral rule-based trading system is facing serious and grave challenges.

"In the recent past, there have been increasing unilateral measures and counter measures by members, deadlock in key areas of negotiations and the impasse in