WTO forms panel to identify global trade challenges

The 12-member panel will hold its first meeting next month in Geneva

With an aim to address the global trade challenges and find long-term solutions, the World Trade Organisation (WTO) has set up a panel, consisting experts from all over the world including India.

The panel will hold its first meeting next month in Geneva.

The 'WTO Panel on Defining the Future of Trade' will meet regularly to discuss issues that comes in the way of rapidly-growing world, the trade body said on its website.

The 12-member panel with representatives from nations like the US, Brazil, China, India and Japan will "meet on 16 May in Geneva".

"This panel encompasses experts from all corners of the world and nearly every field of endeavour. Their analysis will spark debate and open new channels of thinking on how we can best confront the stumbling blocks that today's rapidly evolving world has strewn in our collective path," said WTO Director General Pascal Lamy.

The secretary general of Consumer Unity and Trust Society International, Pradeep Singh Mehta, will be the member from India, to debate on the best ways to tackle trade challenges.