New Delhi: A breakthrough is expected in talks between India and the World Trade Organization to end a deadlock on implementing a deal struck in 2013 to facilitate global trade, sources close to the talks said on Thursday.
Trade minister Nirmala Sitharaman is due to give a statement shortly, a government official in New Delhi said.
Earlier in October, India made no sign of dropping its veto on a global trade deal, forcing World Trade Organization chief Roberto Azevedo to announce a week of talks to try to chart the future direction of the Geneva-based body.
WTO spokesman Keith Rockwell said he had never seen a similar situation at the 19-year-old WTO, which has been dogged by "impasse" in trade negotations for a decade. A breakthrough deal last year revived hopes, but India blocked its implementation in July, demanding more concessions.
"There have been some pretty horrific situations but this is a unique one in its uncertainty and complexity," Rockwell said after the General Council meeting in October.
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