New Delhi: Ahead of the upcoming ministerial meeting of the World Trade Organization, India on Tuesday urged developed nations to introduce measures to facilitate the transfer of relevant and advanced environmentally sound technologies to improve trade flows from developing and least-developed countries (LDCs).
New Delhi highlighted persistent barriers faced by developing economies and LDCs in acquiring, adapting and deploying critical technologies, including export controls on inputs such as semiconductor chips and rare earth minerals, as well as rigid intellectual property regimes.
In its draft ministerial declaration, India called on developed countries to share inputs, including information on regional and sector-specific technology needs, their own experiences and challenges, and best practices relating to technology transfer and its effective utilisation.