{"id":44892,"date":"2025-06-06T20:51:38","date_gmt":"2025-06-06T15:21:38","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=44892"},"modified":"2025-06-06T20:51:51","modified_gmt":"2025-06-06T15:21:51","slug":"india-wto-reforms-paris-ministerial","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/06-06-2025\/india-wto-reforms-paris-ministerial","title":{"rendered":"India Pushes for WTO Reforms at Paris Ministerial"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/ Economy<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>In News<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India raised concerns and proposed reforms at a <strong>mini-ministerial WTO meet in Paris (2025)<\/strong>, attended by 25 member nations.\n<ul class=\"wp-block-list\">\n<li>It aims to strengthen the multilateral trading system, revive WTO\u2019s functioning, and protect the interests of developing economies.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>India\u2019s 3-Pronged Reform Agenda<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Tackle Non-Tariff Barriers (NTBs):<\/strong> NTBs like sanitary and phytosanitary (SPS) measures, technical barriers to trade (TBT) &amp; arbitrary standards are increasingly used to block exports from developing countries. India wants stricter oversight and transparency.\n<ul class=\"wp-block-list\">\n<li><strong>Example:<\/strong> Indian mangoes and basmati rice often face SPS-related rejections in EU and U.S. markets.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Curb Non-Market Economy Distortion<\/strong><strong>s:<\/strong> Address the impact of national economies with heavy state control\u2014primarily China\u2014that distort global trade through practices such as subsidies, dumping, and lack of transparency.\n<ul class=\"wp-block-list\">\n<li><strong>Example:<\/strong> India\u2019s steel and solar industries have been impacted by cheap Chinese imports, prompting safeguard duties and anti-dumping cases.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Revive the Dispute Settlement System:<\/strong> WTO\u2019s appellate body has been paralyzed since 2009 due to U.S. blockade of judge appointments. India calls for full restoration of a binding, impartial dispute resolution system.\n<ul class=\"wp-block-list\">\n<li><strong>Example:<\/strong> India\u2019s disputes with the U.S. on steel tariffs and ICT product tariffs remain unresolved due to the appellate body deadlock.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Relevance of WTO in a Multipolar World<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Dispute Resolution:<\/strong> Crucial for managing trade tensions among rising powers (India, China, US, EU).<\/li>\n\n\n\n<li><strong>Rule-Making:<\/strong><strong> <\/strong>\u00a0\u00a0\u00a0Essential to regulate new sectors (e-commerce, digital trade).<\/li>\n\n\n\n<li><strong>Level Playing Field:<\/strong> Protects interests of developing nations from dominance of richer countries.<\/li>\n\n\n\n<li><strong>Trade Facilitation:<\/strong><strong> <\/strong>Helps standardize procedures for smoother global trade.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Need for Structural Change: Why Reform is Inevitable?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rising protectionism, trade wars (U.S.-China) bypassing WTO norms.<\/li>\n\n\n\n<li>Initiatives like Investment Facilitation for Development (IFD) are backed by 128 countries, but lack consensus. India fears fragmentation and dilution of multilateralism.<\/li>\n\n\n\n<li>Permanent solution for public foodgrain stockholding still pending since Bali 2013.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India&#8217;s reform agenda signals a pragmatic yet principled approach\u2014preserving the WTO\u2019s developmental character, resisting coercive plurilateralism, and modernizing core functions.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: DD News<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<h3><strong>In News<\/strong><\/h3>\n<li class=\"ms-5\">India raised concerns and proposed reforms at a mini-ministerial WTO meet in Paris (2025), attended by 25 member nations.<\/li>\n<p><\/p>\n<h3><strong>Relevance of WTO in a Multipolar World<\/strong><\/h3>\n<li class=\"ms-5\">Dispute Resolution: Crucial for managing trade tensions among rising powers (India, China, US, EU).<\/li>\n<li class=\"ms-5\">Rule-Making: \u00a0\u00a0\u00a0Essential to regulate new sectors (e-commerce, digital trade).<\/li>\n<li class=\"ms-5\">Level Playing Field: Protects interests of developing nations from dominance of richer countries.<\/li>\n<li class=\"ms-5\">Trade Facilitation: Helps standardize procedures for smoother global trade.<\/li>\n<p><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/06-06-2025\/india-wto-reforms-paris-ministerial\" class=\"btn btn-primary btn-sm float-end\">Read\u00a0More<\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-44892","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/44892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=44892"}],"version-history":[{"count":2,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/44892\/revisions"}],"predecessor-version":[{"id":44902,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/44892\/revisions\/44902"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=44892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=44892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=44892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}