Special treatment is non-negotiable right for all developing nations: Goyal

Special provisions provided to developing nations in all the agreements of the World Trade Organisation (WTO) through special and differential treatment are the non-negotiable matter for the emerging economies and they should be continued, commerce and industry minister Piyush Goyal said on Wednesday here. The gaps between the developing and developed members have not yet narrowed down in decades but in fact have widened in many areas. And because of that S&DT (Special and Differential Treatment) provisions continue to be relevant," he said. "S&DT is a treaty-embedded and non-negotiable right for all developing members," he added. The minister was speaking in the thematic session on WTO reform. As part of the proposed WTO reforms, developed countries are saying that developing countries are bypassing rules in the name of self-proclaimed development status in the WTO. On the other hand, developing nations, including India, are demandeurs for special and differential ...

Special treatment is non-negotiable right for all developing nations: Goyal
Special provisions provided to developing nations in all the agreements of the World Trade Organisation (WTO) through special and differential treatment are the non-negotiable matter for the emerging economies and they should be continued, commerce and industry minister Piyush Goyal said on Wednesday here. The gaps between the developing and developed members have not yet narrowed down in decades but in fact have widened in many areas. And because of that S&DT (Special and Differential Treatment) provisions continue to be relevant," he said. "S&DT is a treaty-embedded and non-negotiable right for all developing members," he added. The minister was speaking in the thematic session on WTO reform. As part of the proposed WTO reforms, developed countries are saying that developing countries are bypassing rules in the name of self-proclaimed development status in the WTO. On the other hand, developing nations, including India, are demandeurs for special and differential ...