New Delhi, Oct. 22 -- India has underscored its vision of a rules-based multilateral system that fosters mutual prosperity, resilience and inclusive growth for all nations and emphasised the need for Global South to speak with one voice.
Commerce and Industry Minister Piyush Goyal, addressing the 16th Session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva, highlighted critical global challenges which, he said, erode trust in multilateral institutions and rules-based trading system. Issues include non-market practices, tariff and non-tariff barriers, over concentration of supply chains at source and demand sides.
Other challenges include dilution of special and differential treatment and unilateral environment...