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Cabinet gives ex-post facto approval to India's stand at WTO

The mandate exercised and approach adopted at the ministerial conference, the highest decision making body of the World Trade Organisation (WTO), was aimed at protecting the country's interests

Press Trust of India  |  New Delhi 

WTO
The World Trade Organization WTO logo is seen at the entrance of the WTO headquarters in Geneva (Photo: Reuters)

The today gave its ex-post facto approval to the stand adopted by at the recently concluded ministerial meeting held in in December last year.

The mandate exercised and approach adopted at the ministerial conference, the highest decision making body of the (WTO), was aimed at protecting the country's interests, priorities, and concerns, the said in a tweet.

"Cabinet gives ex-post facto approval to the approach by at the 11th ministerial conference of the WTO," it added.

Bringing disappointment to developing countries like India, the talks at the WTO's 11th ministerial conference in collapsed on December 14 last year.

It was collapsed as the US went back on its commitment to find a permanent solution to the stockholding issue.

The four-day conference, which ended without a ministerial declaration or any substantive outcome, did manage to make some feeble progress on fisheries and e-commerce by agreeing to work programmes.

Further the Cabinet also gave ex-post-facto approval for MoU signed between and the US for co-hosting Summit 2017.

It provided an opportunity to entrepreneurs and investors to meet and interact with global industry leaders and forge new collaborations.

First Published: Wed, January 03 2018. 16:55 IST
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