India, Pakistan Urge WTO on Remittances
India, Pakistan, and others call for fair cross-border remittances. They seek a multilateral framework to reduce costs.
Ibrahim Hassan
East Africa Bureau Chief
Introduction to the Issue
India, Pakistan, Morocco, and the Africa Group have urged WTO members to commit to a fair and low-cost international financial system for cross-border remittances.
The Call for a Framework
Ahead of the ministerial conference, they called for a multilateral framework on transparency, interoperability, and competition in remittance services to reduce costs and promote trade. The goal is to facilitate cross-border remittance transfers fairly and at a lower cost.
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SOURCES & REFERENCES
This article was researched and compiled by the PulseAfrica editorial team using information from international news sources including Reuters, BBC Africa, Al Jazeera, AFP, and local African media outlets. PulseAfrica is committed to accurate, balanced and independent journalism covering all 54 African nations in three languages.
