Dr. Priyadarshi Dash

𝗥𝗜𝗦 𝗣𝗼𝗹𝗶𝗰𝘆 𝗕𝗿𝗶𝗲𝗳 | 𝗠𝘂𝗹𝘁𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹𝗶𝘀𝗺 𝗦𝗲𝗿𝘃𝗲𝗱 à 𝗹𝗮 𝗖𝗮𝗿𝘁𝗲: 𝗧𝗵𝗲 𝗥𝗶𝘀𝗲 𝗼𝗳 𝗝𝗼𝗶𝗻𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀 𝗮𝘁 𝘁𝗵𝗲 𝗪𝗧𝗢 @RIS_NewDelhi is glad to announce the publication of the Policy Brief titled “Multilateralism Served à la Carte: The Rise of Joint Statement Initiatives at the WTO.” As the global trading system approaches the 14th WTO Ministerial Conference (MC14), plurilateral initiatives, particularly Joint Statement Initiatives (JSIs) have emerged as a central and defining feature of ongoing WTO reform discussions. These initiatives, launched outside a formal multilateral mandate, reflect a broader shift toward flexible, issue-based coalitions amid the longstanding impasse in multilateral negotiations. This policy brief, co-authored by Ms. Shailja Singh, Dr. Priyadarshi Dash (@pdash76), and Mr. Pragyan Agarwal, examines the evolution of JSIs since the Buenos Aires Ministerial (MC11) and provides a comprehensive mapping of their current status across areas such as e-commerce, investment facilitation, services domestic regulation, and environmental sustainability. The brief also analyses the legal and institutional questions raised by the increasing prominence of plurilateral approaches within the WTO framework, and situates these developments within the broader WTO reform agenda being debated by Members in the lead-up to MC14. It further highlights the implications of this shift for the multilateral trading system and for developing countries navigating an evolving rule-making landscape. At a time when the future trajectory of WTO negotiations is being actively reimagined, this policy brief offers timely insights into the changing architecture of global trade governance. 🔗 Read the Policy Brief here: ris.org.in/sites/default/… @MEAIndia @DoC_GoI @IndiaWTO @wto @aparnaray_ifs @SKSharma_World @Prabir_India @TheAtulKaushik @JindalGLS @JindalLaw @JindalGlobalUNI @sabya_saha @PV_Chat @AmitK_PhD @susheco @CWS_iift @GaurPankhuri @RenuuMann @__ayussh__ @Vaasu_Agg @LakhianiRiddhi @AIC_aseanindia @DakshinNews @cmec_ris @fitm14 @fisd19 #WTDR2026 #WTO #Multilateralism #JSI #TradePolicy #GlobalTrade #DevelopingCountries #WTOReform #MC14 #InternationalEconomicLaw #RIS #InternationalTrade #MinisterialConference #TradeAndDevelopment

If we invest early in people and connect them to productive work, this vast new generation can build lives of dignity and become a foundation for growth and stability. blogs.worldbank.org/en/voices/how-… via @worldbank

Financial markets demonstrated resilience to shocks in recent years. A deep and liquid secondary market & healthy trends in corporate bond issuance in manufacturing is yet to be seen @RIS_NewDelhi @investindiaROK @T20org

Prof. Sachin Kumar Sharma, Director General, and Dr. Priyadarshi Dash, Associate Professor, RIS, called on Shri Sevala Naik Mude, Additional Secretary (C&WA), Ministry of External Affairs, India. The discussions focused on India’s development cooperation and the evolving India–Africa partnership, including the role of RIS in supporting policy research, capacity-building, and dialogues to further strengthen these partnerships. @MEAIndia @SKSharma_World @pdash76 @DakshinNews

Today at a workshop on "Global Economic Fragmentation and India in the Multilateral Order" at O.P. Jindal Ujiversity @RIS_NewDelhi @JindalGlobalUNI @T20org

IMEC Special Envoy for France had an interactive meeting with RIS faculty today. The meeting viewed greater collaboration and think-tank engagement for the success of IMEC. @Sachin_Chat @pdash76 @cieu_official @DalbergTweet

"Unlocking sustainable finance: 3 G20 proposals from T20 leaders". Privileged to be part of Task Force 3 of T20 South Africa t20southafrica.org/commentaries/u… @RIS_NewDelhi @FinMinIndia @sitebricsbrasil @g20org

How much growth is real growth?@RIS_NewDelhi @T20org imf.org/en/Publication…

#BRICS2025 1st FMCBG Meeting stressed on addressing debt issues from development perspective, scale up support for adaptation finance, broadening use of blended finance and local currency instruments, and reform of IMF. Good job #BRICS2025 @RBI @FinMinIndia @RIS_NewDelhi

@T20org South Africa Communique highlights key recommendations for @g20org Privileged to be part of T20 as a Co-Chair of Task Force on 'Financing for Sustainable Development' @ris @FinMinIndia t20southafrica.org/wp-content/upl…

Stressing on MDB reforms, changes in Credit Rating Methodologies and scaling of debt-for-development instruments @T20org Mid-Term Conference, Pretoria, South Africa on 19-20 June @RIS_NewDelhi @g20org

RIS leading and representing India in the Annual Meeting of BRICS Think Tank Network for Finance (BTTNF) at #FABRICS2025 held today in Brasilia, Brazil @RIS_NewDelhi @FinMinIndia @RBI

#BRICSAcademicForum2025 | The panel on Trade, Investment, Finance featured Dr. @pdash76 Addressing regulatory challenges is key for considering #BRICS cross-border payment settlement system #India's experience with #UPI for cross-border retail payment may provide useful insights for #BRICS local currency use #BRICS2025 #BRICS2025Brazil

On the third panel of the day, experts delved into financing for development. They highlighted the need for international financial reform, sustainable debt solutions, and fair taxation to combat global poverty, inequality, and climate change. #T20SA #DevelopmentFinance #G20

#CRFLive Dr. Priyadarshi Dash, Associate Professor at RIS, addressed the financing and operational aspects of the #IMEC initiative. He pointed out that, given its multi-country and multi-sector nature, managing its financial structures and compliance frameworks presents significant complexity. @pdash76 . . . . #GlobalDialogue #StrategicPartnerships #EconomicCorridor #FutureOfTrade #GlobalConnectivity #GeopoliticsOfConnectivity #EuropeanUnion #UAE #SaudiArabia #Israel #Germany #France #Italy #Greece #CRFIndia #ChintanResearchFoundation

#CRFLive Dr. @pdash76 emphasised that the complexity of the #IMEC initiative increases with deeper sectoral collaboration. To address this, he proposed several financing strategies for #IMEC projects. One key suggestion was the establishment of Corridor Management Institutions to facilitate communication and coordination among participating countries, similar to the role of IMEC Sherpas. He also highlighted the importance of implementing effective #PublicPrivatePartnership (PPP) models and establishing transport connectivity agreements to support the initiative's success. . . . . #GlobalDialogue #StrategicPartnerships #EconomicCorridor #FutureOfTrade #GlobalConnectivity #GeopoliticsOfConnectivity #EuropeanUnion #UAE #SaudiArabia #Israel #Germany #France #Italy #Greece #CRFIndia #ChintanResearchFoundation

Our conference, titled “𝐈𝐌𝐄𝐂: 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐧𝐠 𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐬, 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬”, brought together experts, policymakers, and industry leaders to explore the transformative potential of this strategic initiative. Key highlights of the day-long conference: 1. It envisions a multi-modal economic corridor involving multiple businesses, integrating railways, ports, highways, energy networks, and digital infrastructure to enhance trade, investment, and connectivity across the continents. 2. While acknowledging the challenges in implementing a project of this scale, which has an estimated cost outlay of over US$$ 600 billion over a 10-year period, most experts opine that the potential benefits of this project outweigh the costs and obstacles. 3. IMEC should be seen as a balancer between a geopolitical project and an economic tool, and has the potential to transform the global landscape. 4. #GreenHydrogen is considered a promising alternative for enabling this transition. #IMEC provides an opportunity for India to not only promote hydrogen as an alternative fuel and an effective long-term alternative to fossil fuels, but also to export the fuel by incorporating clean hydrogen pipelines into the corridor. 5. Geopolitically, IMEC is also being presented as an expression of India’s rise as a global power, both politically and economically, coinciding with its emergence as the world's fourth-largest economy. Also, it is seen as a natural progression to bring Israel closer to the West Asian region after the signing of the Abraham Accords in September 2020 and the potential #SaudiIsrael normalisation. The growing close ties between India and West Asia, as well as India and Israel, coupled with the smart business opportunities that would be unlocked by direct connectivity to #Europe, are another important contributing factor. 6. In terms of trade between the EU and India, the IMEC is being seen as an economic game changer and an opportunity to strengthen strategic partnerships. We extend our heartfelt thanks to all speakers, experts, and participants who contributed to the richness of this dialogue. Your insights are instrumental in shaping the roadmap for IMEC, as a cornerstone of regional connectivity, economic resilience, and #SustainableDevelopment. @msinghroy @prasannakarthik @Akchawla1211 @mjamshedcs80 @pdash76 @shankarglobalch @AmbTrigunayat @aniltrigunayat @HebatallahADAM @suhasinih @fredman_a @SyrosVasil78760 @Rajeev1421 @debajitpalit @ProfArunSharma @robinenergy @AdaniOnline @PetroleumMin @isolaralliance . . . . #GlobalDialogue #StrategicPartnerships #EconomicCorridor #FutureOfTrade #GlobalConnectivity #GeopoliticsOfConnectivity #EuropeanUnion #UAE #SaudiArabia #Israel #Germany #France #Italy #Greece #CRFIndia #ChintanResearchFoundation

Thanks Sherpa @amitabhk87 ji for joining us and for explaining the role policy initiatives from India may lead the #IMEC evolution @RIS_NewDelhi @PMOIndia