The five-country group faces challenges arising from bilateral differences and diverse political systems
The US has also cornered India at the multilateral platform, stating WTO rules prohibit middle-income nations from providing market distorting export subsidies at all
Outbound trade fell by 6.57 per cent in September, to a three-month low with the trade decline plaguing major foreign exchange earners
At present, India is involved in 14 WTO disputes, all of which are being handled by domestic law firms
WTO's success lies in collective work and all its negotiations must follow the fundamental principle of multilateralism
The meeting is first time WTO members have gathered since President Donald Trump's announcement last week of a 25% tariff on US imports of steel and 10% on aluminium
According to the Indian government documents, thousands of Indian companies are receiving benefits totaling to over $7 billion annually from these programs