INDIA LEADS THE PUSHBACK
India Today|March 18, 2024
India’s commerce & industry minister Piyush Goyal may have been two days late to join deliberations at the 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) in Abu Dhabi, but his presence was felt as soon as he arrived.
Anilesh S. Mahajan
INDIA LEADS THE PUSHBACK

From teaming up with South Africa to block the China-led Investment Facilitation Development (IFD) Agreement, which would have potentially put non-trade barriers on foreign direct investments, to joining hands with a cohort of Pacific nations to corner the Western bloc on unregulated and subsidised fishing in the deep sea, India asserted its own and the Global South’s interests.

To begin with, no consequential outcomes were expected from this round, held from February 26 to March 2, yet the pressure was on the 164-member body to achieve its mandate of building consensus on trade rules—further complicated by a series of global disruptions. Most of New Delhi’s stances were driven by domestic complexities, but also represented the country’s growing clout on multilateral platforms. Here’s a look at some of the key issues and outcomes:

INVESTMENT FACILITATION

The issue: Agreed upon by some 123 countries, the IFD Agreement is meant to improve the investment environment and encourage FDIS.

Esta historia es de la edición March 18, 2024 de India Today.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición March 18, 2024 de India Today.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE INDIA TODAYVer todo
WEAVE A STORY
India Today

WEAVE A STORY

Saree plays muse and material in this modern iteration

time-read
1 min  |
December 23, 2024
SIMPLE LIVING
India Today

SIMPLE LIVING

Spatial planning meets spirituality, and up-cyling meets unconventional design practices, in this Gurgaon home

time-read
1 min  |
December 23, 2024
HARMONY IN DESIGN
India Today

HARMONY IN DESIGN

Using principles of vaastu coupled with a creative interplay of open and closed spaces, this home in Vadodara is a welcome sight

time-read
2 minutos  |
December 23, 2024
THE NEW ECO CHIC
India Today

THE NEW ECO CHIC

This home in Kerala is designed on the principles of climate responsive architecture

time-read
2 minutos  |
December 23, 2024
Crafting a New Look
India Today

Crafting a New Look

A look at five festive artistic finds from Jaipur to brighten your celebrations

time-read
2 minutos  |
December 23, 2024
NAMES TO KNOW
India Today

NAMES TO KNOW

From homes and offices to banquets and hotels, these architects and designers' approach to design is paving the way for some exciting spaces

time-read
3 minutos  |
December 23, 2024
CHIC AND COSY
India Today

CHIC AND COSY

Let your indoor winter wonderland revel in bold bedding, quilted beauties and charming cushions

time-read
1 min  |
December 23, 2024
STEP INTO STYLE
India Today

STEP INTO STYLE

This winter, international collaborations are lending the Indian carpet industry a unique look underfoot

time-read
1 min  |
December 23, 2024
DECK THE HALLS
India Today

DECK THE HALLS

With this festive array of accessories, cushions and X'mas-themed decoratives

time-read
1 min  |
December 23, 2024
HOME FOR THE HOLIDAYS
India Today

HOME FOR THE HOLIDAYS

Looking for Christmas inspiration? Here are plenty of ideas to steal and products to make it come to life.

time-read
1 min  |
December 23, 2024