Consensus-based decision-making is the bedrock of WTO's legitimacy: Commerce and Industries Minister, Shri. Piyush Goyal in WTO MC-14

India, March 28 -- The Government of India has issued a release:

On the second day of WTO MC14, which is currently underway in Yaounde, Cameroon, Trade Ministers of WTO member countries deliberated on WTO reform issues. Hon'ble Commerce and Industries Minister, Shri Piyush Goyal is leading the Indian delegation for MC 14.

Speaking on the issue of 'Decision making including past mandates', Shri Goyal emphasised that consensus-based decision-making is the bedrock of the WTO's legitimacy, and it is important for the WTO not to ignore the sovereign right of each member to not bind itself to rules which they do not agree to. While underlining the importance of rebuilding trust for overcoming challenges in reaching decisions through consensus, ...