India proposes 8 guardrails in softening of stance on plurilateral pacts at WTO
India has proposed eight safeguards for plurilateral agreements at the WTO. These safeguards aim to preserve consensus-based decision making and the multilateral charter. Non-participants' rights and agency must also be protected by these measures. India previously opposed plurilateral trade agreements, advocating for exceptions rather than norms. The proposed safeguards seek to build confidence…
In a more diplomatic stance on plurilateral agreements within the World Trade Organization (WTO), India has presented eight recommendations to ensure greater predictability and protection of rights for all members. The safeguards aim to preserve consensus-based decision-making, maintain the multilateral charter, uphold the rights and agency of non-participants, and continue focusing on development through special and differential treatment.
By proposing these measures, India believes it can enhance trust and confidence in the WTO as an inclusive, development-oriented institution.
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