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India not for discussing investment facilitation issues at WTO

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NEW DELHI: India has raised serious concerns over bringing issues related to investment facilitation within the ambit of WTO saying these are bilateral matters and can not be decided at multi-lateral forums.
The issue was listed on the agenda of a meeting of the General Council, the highest decision making body of the World Trade Organization (WTO), on May 10 in Geneva.
"India strongly objected to the inclusion of investment and investment facilitation on the agenda list. Investment facilitation does not come in the scope of the WTO. It is a forum for trade facilitation and trade related aspects of investments only," a senior official said.

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