Key Points
NEW DELHI: India, South Africa and Brazil can play a critical role in getting successful outcomes on the issues of fisheries and agriculture, along with the ecommerce moratorium, at the upcoming ministerial of the World Trade Organization (WTO), its director general Ngozi Okonjo-Iweala said.. Free trade agreements are not taking precedence over multilateralism, she said in an exclusive interview with ET,ahead of the 13th ministerial conference (MC13) in Abu Dhabi during February 26-29...
We look at India as a leader, and we think that as a leader, India has a lot to do in terms of making sure we have a successful MC13, she said.. G20 Troika Should Support UAE..
Not just G20, they are also BRICS (members) they should support the UAE to ensure the UAE is a successful host, like it was for COP28, she said, referring to the climate summit held late last year in Dubai...
On WTO reforms and ending the impasse in the appellate body, she said there is a misconception about the dispute settlement system that its not functioning at all..
The second tier the appellate body is still not working, but members need to find substitutes for that tier, said Okonjo-Iweala, adding that this is one area where all members still need to come together to try to deliver a fully functioning dispute settlement system...
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