BUSINESS

India mulls ‘mini meet’ of 40 WTO members

Suresh Prabhu

Suresh Prabhu  

‘U.S., Africa among planned invitees’

India is considering holding a mini-ministerial meeting of about 40 World Trade Organization (WTO) members to discuss ways to increase global trade, Commerce Minister Suresh Prabhu said.

These are days of partnership as working with all trade partners will benefit the world, he said.

“We are thinking of organising a mini-ministerial in India sometime in March, wherein we would like to invite friends like the U.S., Africa and Latin America, about 30-40 of them, and try to find out how we can actually create new big trade volumes in the world,” he said.

Mr. Prabhu was speaking at the third edition of the geo-political conference ‘Raisina Dialogue’ here on Wednesday.

He said the idea of the meeting was to deliberate on ways to “create bigger markets,” rather than finding out ground of contentious issues.

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