1. India demands World Trade Organization rules to stop global market distortions at G20

India demands World Trade Organization rules to stop global market distortions at G20

India

  • India called for a WTO-compliant approach to tackle trade distortions at the G20 Trade Ministers’ Meeting.
  • Commerce Minister Piyush Goyal warned that unfair trade support could result in dumping and predatory pricing.
  • Goyal said such concerns should be addressed with evidence-based measures that follow WTO rules and allow judicial review.
  • He stressed that developing nations need enough policy flexibility to build industries, create jobs and support economic growth.

Source: newsonair.gov.in

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