WTO Head: March Ministerial Meeting a Potential Turning Point for Global Trade
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WTO Chief: March Ministerial a 'Turning Point' for Global Trade Body
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CNBC TV18•13-03-2026, 23:36
WTO Chief: March Ministerial a 'Turning Point' for Global Trade Body
•WTO Director-General Ngozi Okonjo-Iweala calls the 14th Ministerial Conference (MC14) in Cameroon (March 26-29) a "turning point" for the organization.
•MC14 aims to address unfinished negotiations and overdue reforms, demonstrating the WTO's capacity to adapt and reposition itself.
•Key discussions include WTO reform, agriculture, fisheries subsidies, and trade and development issues like SPS, TBT, and TRIPS Article 66.2.
•India advocates for a permanent solution for Public Stockholding, protection for small fishermen, and revival of the appellate body.
•India opposes the Investment Facilitation for Development (IFD) proposal, citing concerns about policy autonomy for developing nations.