ReferIndia News WTO at a crossroads: Can global trade rules keep up with change?

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WTO at a crossroads: Can global trade rules keep up with change?

Published on: May 6, 2026, 11:34 p.m. | Source: The Economic Times

The World Trade Organization's role as a global commerce pillar is weakening. Imbalances and unfair practices are challenging its principles. Trade is now seen as strategic power, not just economic exchange. India advocates for balanced reforms to ensure WTO's relevance in a changing world. This includes integrating plurilateral agreements and addressing developmental needs.

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