New Delhi, Oct. 5 -- Despite fractures in the global trading order, multilateral institutions like the World Trade Organization (WTO) remain indispensable, as they provide rules and confidence that keep international trade flowing, Mari Elka Pangestu, special adviser for international trade and multilateral cooperation to the President of Indonesia, said.

The WTO continues to provide the rules that underpin international commerce, even if its enforcement mechanisms have weakened, Pangestu told Mint on the sidelines of the Kautilya Economic Conclave in the national capital.

"The multilateral trading system has been evolving over the past 10 to 15 years, particularly since the collapse of the Doha Round in 2008. But that doesn't mean the ...