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Developed countries, fearing Donald Trump’s victory, are pushing WTO agreements | Economic and political news

IN THAT

Bonus

The diplomat said India’s views were invariably driven not by the policies of others but by its own interests. Photo: Bloomberg

Fearing that the re-election of Republican challenger Donald Trump in the November US presidential elections could paralyze the activities of the World Trade Organization (WTO), developed countries are pushing to conclude a joint e-commerce initiative (JSI) and fisheries agreements in the coming period. WTO General Council meeting in July. India, however, is not keen to join the effort.

“Members such as the US, European Union, UK, Norway, Switzerland, Singapore, Japan and South Korea are pushing to build consensus on JSI agreements on e-commerce and fisheries. It’s quite a turbulent situation at the moment. No document has been submitted yet,” lives in Geneva

First published: June 16, 2024 | 23:43 IST