Indian PM Modi, in Davos, decries protectionism
2018-01-24 09:57:33 source:Aljazeera
January 24, 2018
Delivering the opening speech at the World Economic Forum (WEF) in Davos, Indian leader Narendra Modi has warned that globalisation is under threat.
Modi told delegates at the Swiss resort on Tuesday that "forces of protectionism are raising their heads" against international trade and commerce.
"Bilateral and multilateral trade negotiations have come to a kind of standstill," he said.
Modi, the first Indian prime minister to visit a WEF summit in more than two decades, called for reform of international institutions, continued commitment to a rules-based world order and greater focus on inclusivity in the global economy during his address.
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