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India urges growth benefits for developing countries at WTO India meeting

Source: Xinhua| 2019-05-14 18:42:32|Editor: Xiaoxia
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NEW DELHI, May 14 (Xinhua) -- The World Trade Organization (WTO)'s ministerial meeting of developing countries ended here Tuesday, with the Indian commerce and industry minister urging growth benefits for people in developing countries.

Speaking on the concluding day of the meeting, Suresh Prabhu, India's commerce and industry minister, said people living in developing countries should not be deprived of the benefits of growth and he was hopeful that the efforts made during the meeting would definitely lead to a better WTO.

The approach of the meeting was to re-energize and strengthen multilateralism, Prabhu said, hoping it would re-endorse the centrality of development in WTO negotiations and provide suggestions for WTO reforms with development at its core.

The multilateral trading system was the collective responsibility of all countries who had a stake in it. It was the duty of countries to successfully address conflicting interests, motives and ideologies, in order to preserve and strengthen the institution, the Indian minister added.

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