Business Standard

Friday, December 20, 2024 | 08:00 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

WTO still lives

Outcomes for India were mixed

World Trade Organisation, WTO
Premium

Business Standard Editorial Comment
Officials of the World Trade Organization (WTO) and those from India, led by Union Commerce Minister Piyush Goyal, have hailed the breakthrough compromise that appears to have breathed life into the otherwise moribund governance structure of global trade. In their first set of major agreements for seven years, the countries at the WTO (they operate on the basis of consensus, meaning that any member-country can veto a deal) in Geneva came to a decision on issues as varied as patent protections for vaccines, fishing subsidies, and digital trade. India had to significantly soften its objections on several of these issues,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in