Climate change mitigation should not restrict trade: MoS Commerce

New Delhi, June 10 (KNN) Anupriya Patel, Minister of State for Commerce and Industry has said that the world must be mindful that any measure taken to counter climate change should not be trade restrictive, arbitrary and discriminatory.

She was speaking at the 12th BRICS Trade Ministers Meeting which was held in a virtual format on Thursday.

Representing India she said that digital economy is central to the promotion of innovation, pursuing entrepreneurial ventures, creation of jobs and efficiency in services.

The MoS stressed upon making the digital revolution inclusive by creating an environment where nobody is left behind.

On supply chains MoS said that the main point of supply chain resilience is minimizing negative impacts on people's lives and the economy even in the event of supply chain disruptions caused by pandemics, natural disasters, or regional conflicts.

Acknowledging that trade should become the engine for reviving global growth, she stated that there is no alternative to the rules based multilateral trading system and that strong commitment to the WTO rules is the only way forward.

The WTO reforms must strengthen the fundamental principles of the WTO including consensus-based decision making, inclusivity, equitable, non-discrimination, special and differential treatment, the minister added.  (KNN Bureau)