Special provisions provided to developing nations in all the agreements of the World Trade Organization (WTO) through special and differential treatment (S&DT) are a non-negotiable matter for emerging economies, said Union Commerce and Industry Minister Piyush Goyal.
“The gaps between the developing and developed members have not narrowed down in decades; in fact, they have widened in many areas. S&D provisions, therefore, continue to be relevant,” Goyal said at the thematic session on WTO reforms at the global trade body’s 12th ministerial conference (MC12) in Geneva.
“India strongly supports robust WTO reforms and modernisation agenda that is balanced and inclusive, and preserves