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The Economic Times
The Economic Times

Why India should rethink its opposition to WTO plurilateral deals

The 14th WTO ministerial conference held in Yaounde, Cameroon, in March didn't fail to disappoint. The usual North-South divide emerged on the protection of agriculture. Discussions on how to discipline industrial subsidies, a core area of contention between China and the West, were not even tabled. A roadmap for institutional reform remained elusive.

But running through all these individual failures was a deeper philosophical divide on how to move forward: via redoubled efforts to command a multilateral consensus, or via plurilateralism, with groups of like-minded countries striking agreements on particular issues. And, here, India planted its flag squarely on the multilateralist side.

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