Transparent, equitable, non-discriminatory & rule-based global trading architecture should underpin collective efforts: PM at #G20
Global trading regime must respond to needs & priorities of developing nations: PM Modi at #G20
India's priority is to work towards Trade Facilitation Agreement for Services: PM Modi #G20
Transformed and liberalized investment regime has put India among top host nations for FDI: PM Modi at #G20
Addressing the world leaders during the 3rd session of G20 Summit, PM Narendra Modi spoke about robust international trade and investment opportunities.
The Prime Minister said that vision of transparent, equitable, non-discriminatory, open, inclusive and rule-based global trading architecture should underpin collective efforts. He stated trade facilitation is important and urged countries to fully implement the Bali and Nairobi Ministerial decisions. He added, “Global trading regime must respond to needs & priorities of developing nations."
The Prime Minister said knowledge and innovation driven economy requires free mobility and India's priority is to work towards Trade Facilitation Agreement for Services. He said G20 needs to act to stimulate investment flows. “Transformed and liberalized investment regime has put India among top host nations for FDI”, added PM Modi.