WTO deal: India places developed world in a spot

India has shown the industrialised countries they can longer have their way in multilateral trade negotiations at the expense of the developing world. The WTO General Council meeting that concluded in Geneva on July 31 failed to approve the protocol of amendment proposed by the 9th ministerial conference in Bali for enshrining the Trade Facilitation Agreement (TFA) into the WTO Marrakesh Agreement.

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