Trade ministers and WTO chief Ngozi Okonjo-Iweala met in Davos to strategize for the upcoming 14th Ministerial Conference in Cameroon. Discussions centered on global trade policy challenges, potential compromises on key negotiating topics like Investment Facilitation, and WTO reform priorities. Switzerland emphasized its commitment to a rules-based multilateral trading system amidst global tensions.
Exporters’ budget wishlist: tax sops, inverted duty structure correction, and more
Exporters are urging the government to implement tax incentives and rationalize import duties in the upcoming Budget. Key demands include reduced income tax for MSMEs,