Overview

• Okonjo-Iweala is taking part in a mini-ministerial convened by Australia on the margins of the OECD Ministerial Council Meeting in Paris to discuss possible WTO reforms.
• She urged India to lead support for the IFD agreement, noting it is backed by 128 of 166 WTO members and 90 of 126 developing nations.
• New Delhi has resisted the proposal over concerns that it would undermine national policy autonomy and weaken the WTO’s multilateral framework.
• The IFD would establish a pre-investment review and appeal mechanism through an independent body to screen cross-border investments.
• WTO members are collecting reform proposals ahead of the 14th ministerial conference scheduled for March 26-29, 2026, in Cameroon.