India is planning to ensure that the lives and earnings of small farmers and fishermen improve. This is to be done during the World Trade Organization (WTO) meeting to be held in Cameroon. The meeting is to take place for four days starting March 26 in Yaoundé, Cameroon. The aim of the meeting for India is to ensure that developing nations are allowed to frame their own policies in areas like digital trade.
Trade ministers from 166 member nations, including India, China, and the United States, are to attend. Discussions are to be held on global trade policies concerning farming, online shopping, and fishing. The country is to be represented by its Commerce Minister Piyush Goyal and senior officials from the Department of Commerce and India’s Permanent Mission in Geneva. India's main focus will be ensuring food security, protecting the employment of small farmers and fisheries, and maintaining freedom for developing countries in digital trade and new technologies.
India supports efforts that increase investment in developing countries. At the last meeting, India opposed the China-led IDF proposal. This proposal will be binding on member countries.
The main proposals at the meeting will be agriculture, e-commerce, fisheries, investment, WTO reform, and digital trade. India will also raise other issues, including the continuation of the 28-year ban on e-commerce transmission, fisheries subsidies, and the proposal for an Investment Facilitation Agreement for Development.
WTO member countries may also discuss issues related to tariffs imposed by the Trump administration. India will support reforms that strengthen the multilateral trading system, but will keep the interests of developing countries at the center. The digital economy is rapidly changing, especially in the era of artificial intelligence and new technologies. India says that countries need policy freedom to take advantage of new technologies.
India will demand a permanent solution to public storage. 99.4 percent of India's farmers are low-income and dependent on the minimum support price. A solution to this system is essential for farmers' livelihoods and food security. India also emphasized the need for dialogue and balance on fisheries subsidies. This calls for leading fisheries production countries to gradually reduce their fishing capacity. Furthermore, subsidies in this sector should be banned for at least 25 years.