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International

India opposes China-led investment facilitation proposal at WTO, terms it non-trade issue

Indian-GRAPEVINE-india-opposes-china-led-investment-facilitation-proposal-at-wto-terms-it-non-trade-issue

Published 28 Feb, 2024

By Staff Reporter


India is opposed to a proposal led by China on investment facilitation at the WTO, stating that it is a non-trade issue and falls outside the mandate of the global trade body, an official said on Tuesday.

A China-led group of over 120 countries are pushing for the Investment Facilitation for Development Agreement (IFD) proposal to become part of the World Trade Organisation (WTO).

These nations want to figure the issue in the 13th ministerial conference (MC) here. The four-day meet started here on February 26.



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