Commerce and Industry Minister Piyush Goyal Calls for WTO-Compliant Approach to Correcting Global Trade Distortions at the Concluding Day of G20 Trade Ministers’ Meeting in Milwaukee, U.S.

Union Minister of Commerce and Industry Shri Piyush Goyal participated in the G20 Trade Ministers’ Meeting in Milwaukee, U.S., where he advocated for a WTO-compliant approach to address global trade distortions, structural excess capacity, and dumping. He emphasized the importance of the Most-Favoured-Nation principle, consensus-based decision-making at the WTO, and restoring the dispute settlement system, while safeguarding policy space for developing nations. Reaffirming India's absolute commitment to eliminating forced labour, he highlighted constitutional safeguards, ratification of ILO conventions, and amendments to India's Foreign Trade Policy. He also held bilateral meetings with counterparts from Australia, Saudi Arabia, France, Republic of Korea, and Canada.