The DG thanked the Government of India for taking the initiative of starting a conversation to explore ways to reinvigorate the multilateral trading system.
Multilateral trade agreements take place between three or more nations. These agreements tend to reduce tariffs in order to make it easier for businesses to import and export goods and services.
According to a government statement, PM Modi reiterated that India is a strong supporter of the multilateral trading system.
He stated that it is imperative to prioritize the WTO’s activities so that it addresses the concerns of developing countries.
Urging DG, WTO to make special efforts so that the benefits of free trade and globalization become more visible in developing countries, Modi conveyed his best wishes for the success of the informal meeting of Ministers of WTO.
Photo courtesy: Press Information Bureau
Support Independent Fearless Journalism
In today's media world controlled by corporates and politicians, it is extremely difficult for independent editorial voices to survive. RMN News Service has been maintaining editorial freedom and offering objective content for the past 10 years despite enormous pressures and extreme threats.
In order to serve you fearlessly in this cut-throat world, RMN News Service urges you to support us financially with your donations. You can choose the amount that you want to donate from the options given below.
You also can select any of the Payment Methods:
Offline Donation: To know our bank details for online bank transfer and payment by cheque in Indian rupees.
PayPal: To make payment by Credit / Debit Card or PayPal account.