India wants WTO to take measures to control inflation
According to a statement by India, delivered by ambassador Permanent Representative to the World Trade Organization (WTO), Brajendra Navnit, the global trade body must take steps to revive global economy and tackle rising inflation. His statement comes just before the 12th ministerial conference (MC 12) of the WTO that is scheduled to be held during 12-15 June 2022. Navnit expects the WTO to deliver on critical issues which the world is confronting including the current food crisis and the ongoing pandemic. On the Trade-Related Aspects of Intellectual Property Rights (TRIPs) waiver proposal to deal with the Covid-19 pandemic, he said it should be one of the key deliverables for MC12. On food security, the Indian ambassador said India is appealing to the members that there is a need to find ways and means to support the efforts of countries that are in a position to help others through distributions from their stocks during the current food crisis.