Hoping that the developed countries will not use the inter-play of trade and climate challenge “too much”, Commerce and Industry Minister Piyush Goyal on Monday said the world should decouple trade policy and its green goals.
He also hoped that credit rating agencies and bodies like the IMF “which kind of dictate” the financial architecture of the world do not land up being unfairly harsh on the developing and less-developed countries as this is a time to become compassionate, more liberal and supportive to these nations.
“I think a little longer rope needs to be given even to earlier agreements or earlier commitments so that these countries (developing and less developed) have space to bring their economies back on track,” Goyal said at the UN Trade Forum 2021.
Let the trade policy look for more inclusive growth all over the world and all the countries need to work towards climate justice and sustainable lifestyle.
