India throws weight behind WTO drive for December trade pact
NEW DELHI (AFP) - India threw its weight pn Monday behind a World Trade Organisation (WTO) drive to clinch a deal to ease global trade at a December summit in Bali after years of deadlocked negotiations.
The Indian commitment came as new WTO chief Robert Azevedo visited New Delhi to seek support for an agreement that he said could add up to a trillion dollars to the world economy, while paving the way for further trade reforms.
"India will remain consistently and positively engaged to ensure the outcome of the ministerial meeting is positive," Commerce Minister Anand Sharma told a news conference, flanked by Mr Azevedo who took over the top WTO job last month.
Mr Sharma added that New Delhi still believes in the "centrality" of the WTO multilateral trading system, at a time when countries are no longer waiting for progress on a global deal and are instead seeking regional and bilateral agreements.