Indian Business Leaders Discuss Trade Reforms with WTO Chief

  • 13-Feb-2017
  • Indian Business Leaders Discuss Trade Reforms with WTO Chief

NEW DELHI: Over 50 representatives from various sectors in the Country, including online retail and technology firms, have met WTO Chief Roberto Azevedo to discuss issues pertaining to Global Trade.

Azevedo, Director-General of the World Trade Organisation (WTO), met with Indian business leaders recently for discussions on future of global trading system at a round-table hosted by the International Chamber of Commerce (ICC), a statement from ICC said recently.

ICC Chairman Sunil Bharti Mittal and ICC Secretary General John Danilovich joined over 50 senior representatives from key sectors for the discussions that focussed on trade reforms to boost inclusive growth and other world trade developments, it added.

"It's clear that we must do more to make the case for Global commerce. And also to ensure that the benefits of trade reach all parts of society," Mittal said.

The state of Global trade was also central to discussion, particularly with ongoing concerns regarding the slow rate of Global trade growth in recent years.

Azevedo said advancing Multilateral Trade negotiations was more important than ever and stated that the imminent entry into force of the Trade Facilitation Agreement would be an important boost to the Global trading system.

Source: Dailyshippingtimes.com

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