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Modi hits out at trade protectionism at SCO Summit, says unilateralism hasn’t benefited anyone

Hitting out at unilateralism and trade protectionism, Prime Minister Narendra Modi on Friday underscored the need for a rules-based, anti-discriminatory and all inclusive WTO-centred multilateral trading system.

Addressing the Shanghai Cooperation Organisation (SCO) Summit in Bishkek, Modi said that unilateralism and protectionism has not benefited anyone. “Economic cooperation is the basis of our people’s future…We need a rule-based, transparent, anti-discriminatory, open and all-inclusive WTO-centred multilateral trading system focused so that the interests of every countries especially the developing ones can be taken care of,” he said.

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