Home / Economy / News / Race for WTO chief heats up: India spells out terms for its support

Race for WTO chief heats up: India spells out terms for its support

The country will back candidates in favour of having a global trade facilitation pact for services, ensuring food security in poorer nations, and committing to talks on developmental issues

Premium

The power of the WTO as a single stop for resolution of trade spats has been dwindling for a long time

4 min read Last Updated : Aug 05 2020 | 6:15 AM IST

India has spelt out terms for backing the next head of the World Trade Organization (WTO), with the race to helm the UN body heating up.

The country will back candidates in favour of having a global trade facilitation pact for services, ensuring food security in poorer nations, and committing to talks on developmental issues. At present, eight candidates from as many nations are vying for the position of director general, with incumbent Roberto Azevedo having announced he will be leaving office on August 31.

New Delhi has not yet declared its support to any candidate, and will have discussions

Topics : World Trade Organization Global Trade Roberto Azevedo

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