- After opposition to plurilateral pacts at the World Trade Organisation’s (WTO’s) Ministerial Conference this year, India offered its proposal on WTO reforms which could help insert plurilateral agreements within the WTO framework.
- India had blocked the insertion of China-backed Investment Facilitation for Development (IFD) plurilateral pact into the WTO rulebook.
- The change in India’s position came after the BRICS summit and the bilateral talks with China. Read MoreÏ
India Sets Terms for WTO Plurilateral Agreements
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