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The Economic Times

Economy / The Economic Times

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Goyal at G20: India opposes making MFN conditional on WTO obligations

Union Minister Piyush Goyal represented India at the G20 Trade Ministers' Meeting, emphasizing the importance of the Most-Favoured-Nation principle. He stated that equal trading terms are essential for both large and small traders. Goyal expressed India's commitment to addressing trade distortions through WTO-compliant measures and preserving developing countries' policy space for industrialization. India's position on forced labor in global supply chains was reiterated during the discussions.

2 Oct 2026 9:39 pm