Business Standard

National interest trumps global trade

The Abu Dhabi conference highlights any progress for India at the WTO hinges on renewed US engagement in the trade body

global trade, trade
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Illustration: Binay sinha

Ajay Srivastava
The 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) concluded in Abu Dhabi on March 1 with few incremental outcomes. The results indicate a shift in the focus of major economies, such as the United States, towards their national industrial strategies, leading to a reluctance to advance on key issues that could conflict with these objectives.

At MC13, WTO members debated issues related to e-commerce, services, agriculture, fisheries, investment, and dispute settlement for five days. Let us explore the contrasting agendas, outcome for each issue, and their significance for India.

E-commerce: The main issue revolved around whether countries
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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