Piyush Goyal says IFD undermines WTO

The proposed Investment Facilitation for Development (IFD) Agreement aims to boost investments in developing countries, but India has expressed concerns about incorporating the China-led IFD into the WTO framework, saying it could erode the WTO's functional limits and undermine its foundational principles.
Goyal doubled down on India's stance, even quoting Mahatma Gandhi about sticking to your truth, even if you're alone.

India seeks broader WTO discussions 1st

While India opposes this specific deal, Goyal said the country is open to real conversations about reforming the WTO and discussing agreements that only apply to willing members.
For now, though, India wants broader discussions before signing on.

Contact to : xlf550402@gmail.com


Privacy Agreement

Copyright © boyuanhulian 2020 - 2023. All Right Reserved.