Minister of State of Commerce and Industry, Government of India, provided information on the Issues and Challenges to WTO.  The WTO and the global trading system are facing serious challenges in terms of unilateral measures and counter measures by some members, deadlock in important areas of negotiations and ongoing impasse in the appointment of members of the Appellate Body of WTO’s dispute settlement mechanism.

According to Commerce and Industry Minister, Government of India is working on a blueprint to increase FDI inflows to $100 billion through a targeted approach.  The minister also outlined his strategy to create a win-win partnership with other countries and retain the focus on a collaborative approach to global trade at a time when countries such as the US were seeking to undermine the relevance of the World Trade Organization (WTO).