India a favoured partner as world trade diversifies: Gita Gopinath

India, Gita Gopinath pointed out, also stands to benefit from initiatives on reducing friction in services trade at the World Trade Organization. She stressed that India, like every other country, should forcefully push for a multilateral rules-based trading system. This would benefit the whole world, Gopinath said, adding, “We certainly are in an environment where countries are rethinking the benefits of trade and integration. This is a source of worry for a multilateral institution like the IMF.”