Current Affairs - National - Discussion

India has announced to host informal Ministerial meeting of World Trade Organisation (WTO) in March 2018 in New Delhi to muster support for issues and also help to multi-lateral process. It was announced by Deepak Jagdish Saksena, India's ambassador and permanent representative to WTO during informal WTO ministerial gathering at Davos on the sidelines of the World Economic Forum (WEF) annual summit. About 40 WTO members from both rich and developing nations are being called by India for this informal meeting to "revitalise" the multi-lateral trade body. The objective of meeting is to discuss ways to revitalise WTO to ensure predictable and transparent system of rule-making in the area of international trade.