WTO Talks End Without Major Reforms, India Blamed for Stalemate
The latest WTO ministerial meeting in Abu Dhabi concluded with no significant progress on key issues, as India's stance on agriculture and fisheries negotiations led to a deadlock.
- WTO negotiators in Abu Dhabi failed to achieve breakthroughs on agriculture, fisheries, and other major reforms.
- A moratorium on e-commerce tariffs was extended, offering some relief to businesses.
- European Trade Commissioner Valdis Dombrovskis expressed disappointment, specifically blaming India for the lack of consensus.
- India's Trade Minister Piyush Goyal stated satisfaction with the outcome, emphasizing India's position on public stockholdings of agriculture stocks.
- The meeting highlighted global divisions and the challenge of achieving consensus among WTO's 164 members.
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