India Demands Action on WTO Development Issues

India has expressed its concerns over the lack of progress on development issues within the World Trade Organization (WTO). Speaking at a working session on Development in Abu Dhabi on Wednesday, India highlighted that developed nations have made numerous promises but have failed to take substantial action on matters pertaining to development.

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Urgent Need for Flexibility in Existing Rules

India emphasized the urgent need for flexibility in existing WTO rules to support infant and young industries in developing countries. The country called for conducive policies, incentives, subsidies, and a level playing field to enable these industries to grow and compete effectively.

Historical Promises and Limited Action

India pointed out that historically, developed countries have made many promises on development issues during ministerial meetings, but these promises have not been followed by concrete action. As a result, the vulnerabilities of developing countries, including least developed countries (LDCs), have only increased.

Objection to Consideration of New Issues

India objected to the consideration of new issues for ministerial mandates unless past decisions and unfulfilled mandates were acted upon. The country highlighted that developing countries, including LDCs, are facing multiple crises, such as debt and balance of payment issues, and are also defending their interests in the WTO.

Developed Countries' Use of Policy Tools

India asserted that developed countries have utilized all available policy tools during their industrialization process and continue to use them for their new industries. The country criticized these countries for now opposing the use of similar tools by developing countries, describing it as "kicking the ladder away."

India's concerns at the WTO reflect the challenges faced by developing countries in accessing the benefits of global trade. The lack of progress on development issues and the opposition to flexibility in existing rules hinder the growth and industrialization of these countries. India's call for action and support for developing countries is crucial for ensuring a more equitable and inclusive global trading system.