India has softened its stance on plurilateral WTO agreements by proposing a 'common understanding on safeguards' to protect developing countries' rights, after the BRICS summit endorsed pathways for such initiatves. However, it maintains opposition to the Investment Facilitation for Development (IFD) pact unless systemic guardrails are in place. This shift marks a critical evolution in India's WTO reform strategy and could unlock stalled negotiations.
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- ›WTO Ministerial Conference: 14th in Cameroon (2026)
- ›IFD Supporters: 129 WTO members
- ›Target this Data: 129 WTO members supported the IFD pact; 14th Ministerial Conference in Cameroon (2026).
- ›Target this Nodal Body: WTO General Council – where India made its submission.
- ›Target this Legal Point: Annex 4 of the WTO Agreement – the framework for plurilateral agreements within the WTO.
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