India's Leading Role in WTO Reforms: A Call to Action
World Trade Organisation Chief Ngozi Okonjo-Iweala advocates for India to spearhead reforms in the WTO, citing India's strong economic growth and leadership in technology. She emphasizes the need for collaboration among WTO members to address global trade disruptions and maintain a stable multilateral trading system.
Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has urged India to take a leadership role in reforming the WTO, pointing to its robust economic growth and technological leadership.
Speaking at the CII's Partnership Summit 2025, Okonjo-Iweala emphasized the importance of moving away from a power-based to a rules-based system within the WTO. She underscored the need for reforms to ensure the global trading system remains resilient amidst rising global trade disruptions.
The WTO chief also addressed concerns raised by member nations, including high tariffs imposed by the US, and urged collective action to strengthen the WTO's multilateral trading framework, which remains pivotal to 72% of global trade.
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