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WTO approves  package of trade deals, focuses on food security, e-commerce.

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WTO approves  package of trade deals, focuses on food security, e-commerce.
Geneva, Switzerland – September 3, 2020: Logo of The World Trade Organization (WTO), an organization dealing with regulation of international trade between nations, at the entrance of its headquarters

The World Trade Organization’s members approved on Friday a package of trade deals, including pledges on health, reform and food security.

Representatives of the 164 countries cheered after the package was passed before Director-General Ngozi Okonjo-Iweala addressed them early on Friday.

“The package of agreements you have reached will make a difference to the lives of people around the world,” she said. “The outcomes demonstrate that the WTO is in fact capable of responding to emergencies of our time.”

ANI reported- An official told ANI

“India was at the centre of WTO negotiations, India’s firm stamp is visible in every outcome of WTO meeting. India put forth aggressive draft texts in all pillars of WTO negotiations rather than being reactive. India stood strong for its MSMEs, farmers and fishermen,” the official said.

“The voice of the poor and the vulnerable strengthened globally by India’s principled stand at WTO. Gone are the days, when India as front runner accepts outcomes that hurt the poor. India has been at the forefront to highlight the issues of developing countries at the WTO platform,” the official added.

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