How WTO conference exposes deep divide between developed and developing nations
Indian Express·1h ago·Neutral
What Happened
The WTO's 14th Ministerial Conference ended March 30 in Cameroon without consensus on key issues. Members failed to extend the e-commerce tariff moratorium, adopt an investment facilitation agreement, or agree on comprehensive reforms. Developing nations, including India, opposed extensions citing revenue losses and insufficient data. Developed countries prioritize digital trade rules protecting their services exports worth hundreds of billions annually.
Key Entities
WTOMC14CameroonIndiaDeveloped nationsDeveloping nationsE-commerce moratoriumDigital trade