Twenty-two international locations apply for WTO membership, India to help as chief of International South: Piyush Goyal | India Enterprise Information

ABU DHABI: Union Commerce and Trade Minister Piyush Goyal mentioned on Thursday that 22 extra international locations have utilized for World Commerce Organisation (WTO) membership, which India will help as a pacesetter of the International South.”Twenty-two more countries have applied for WTO membership, India will take a sympathetic view of their demands and will support as a leader of the Global South,” Goyal mentioned whereas responding to ANI’s query.His remarks got here at a presser throughout the thirteenth WTO Ministerial Convention.Comoros and Timor-Leste formally joined the WTO at a ceremony in Abu Dhabi on February 26.On the inclusion of each international locations into the WTO, Goyal talked about, “PM Modi urged that both countries should get a place in the WTO–Timor Leste and Comoros. We are pleased that both countries got inducted.”On India’s place within the WTO, the Union minister mentioned, “Our issues are on the table and we raise issues based on the nation’s and world’s benefit. India talks with the notion of Vasudev Kutumbkum. PM Modi in the G20 led the world with One Earth, One Future, and One Family. India still believes in this philosophy. India is always concerned about issues of poor, less developed, developing countries.”Goyal additionally identified that India “stands on strong principles of fair play, and justice and wants to ensure all decisions taken at the WTO are keeping in mind the best interests of India’s farmers, and fishermen and ensures that our work twirls meeting SDGs, ameliorating poverty, good quality of life, and ease of living for Indians, along with strong and speedy growth in the ‘Amrit Kaal’ is promoted through the various decisions at the WTO”.”We believe that the first issue that the WTO should address is building trust: on what WTO says will be implemented, whatever decisions are taken are implemented in letter and spirit, and if someone if somebody breaks the rule of WTO, they can be taken to task through the dispute resolution mechanism. India has demanded first and foremost appellate body be restored so that complaints on WTO resolutions not being met can be taken up before the appellate body to ensure decisions are implemented,” he added.The WTO’s thirteenth Ministerial Convention (MC13) befell from February 26 to 29 in Abu Dhabi, UAE. Ministers from the world over attended to overview the functioning of the multilateral buying and selling system and to take motion on the long run work of the WTO.The topmost decision-making physique of the WTO is the Ministerial Convention, which normally meets each two years. It brings collectively all members of the WTO, all of whom are international locations or customs unions. The Ministerial Convention can take selections on all issues underneath any of the multilateral commerce agreements.

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