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India opposes China-led investment pact in WTO

India opposes China-led investment pact in WTO

India has strongly opposed the China-led Investment Facilitation for Development Agreement. Minister Piyush Goyal stated its incorporation into the WTO framework risks undermining foundational principles. India stood alone on this contentious issue at the WTO ministerial conference in Cameroon. The agreement would only be binding on signatory members. India remains open to comprehensive discussions on WTO reform.

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