India and South Africa Block China-Led Investment Facilitation Pact at the WTO

India and South Africa Block China-Led Investment Facilitation Pact at the WTO

India and South Africa have blocked a China-led initiative on investment facilitation at the World Trade Organization (WTO), making it unlikely for the proposed Investment Facilitation Development to be included in the WTO agenda and outcome. During a session on development, officials from both countries registered their protest and filed a formal objection against China’s move. The decision to block the pact reflects growing concerns over China’s influence and the need for fair and transparent trade practices.

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