India backs WTO-centred fair trade system at SCO trade ministers' meeting

Contributing sentiments towards policy:

67% : India also showcased its achievements in Digital Public Infrastructure (DPI), including UPI for real-time payments, India Stack for identity and consent management, and ONDC for unbundled digital commerce.
58% : Through the India Cine Hub, supported by simplified regulatory frameworks and 17 co-production agreements already in place, India is positioning itself as a global film production hub.
51% : India emphasised the need for an open, fair, inclusive and non-discriminatory multilateral trading system centred around WTO norms, at the Shanghai Cooperation Organisation Trade Ministers' Meeting in Vladivostok, Russia, amid the ongoing uncertainty in global trade triggered by the US tariff turmoil, the Commerce and Industry Ministry announced on Sunday.
42% : Amitabh Kumar, Additional Secretary, Department of Commerce, who represented the Commerce Minister on behalf of India, came out strongly for coordinated action to enhance trade flows, address vulnerabilities, and support inclusive growth across the region, which accounts for 42 per cent of the world's population and 17.2 per cent of global trade.
41% : He also underlined the role of services trade and the temporary movement of skilled professionals, in line with national laws and transparency, to strengthen economic growth and support greater participation of MSMEs in global value chains.
41% : It noted that persistent trade imbalances must be addressed through better market access, cooperation on standards, and streamlined trade facilitation.

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