The rapid acceleration was due to last year's low base, a resurgence of Asian trade flows and recovering North American import demand. The pace will moderate next year and is estimated at 3.2 percent, within a range of 1.4-4.4 percent, the WTO said.
"My view is that from September there will be hectic parleys on issues which are already mandated by the ministerial, one of which is finding permanent solution for public stockholding," the minister told PTI in an interview.
Matters pertaining to the upcoming WTO conference in Argentina, fisheries subsidies and a solution for public stock-holding for food security purposes will be disscussed.
India has fallen behind other Asian nations such as Vietnam, Bangladesh or China because it has a sceptical approach towards GM adoption
The WTO's director-general did not implicate any countries by name behind such policies, even though he was asked about the effects US President Donald Trump's "America First" stance could have on the global trading system.
By formally "requesting consultations" with the three countries, the first step in a trade dispute, Qatar triggered a 60 day deadline for them to settle the complaint or face litigation at the WTO and potential retaliatory trade sanctions.
The issue was raised by the minister during her meeting with WTO Director General Roberto Azevedo at Geneva.
Commerce and Industry Minister Nirmala Sitharaman said the proposal has been discussed at the relevant services bodies of the WTO.
Besides, Sitharaman would also meet officials at the Indian Mission and speak at The Graduate Institute on - 'Reclaiming Multilateralism - India and the WTO'.
In a joint statement on the occasion of G20 Summit, heads of the three multilateral organisations said deeper trade integration and supportive domestic policies requires decisive action by the leaders of the grouping.
The WTO ruled in March 2012 that billions of dollars of subsidies to Boeing were illegal and notified the United States to bring them to an end.
The order will not just outline the problem, but will also provide alternative solutions to them.
At the receiving end of the protectionism are countries like India and China, the latter being the shopfloor of the world. India is hit on another front as it is the largest outsourcing play in the IT space.
The comments assume significance in the wake of Indian companies, specially IT services providers, getting concerned over protectionism by the US and several other countries. Sitharaman said, "Let us also understand that not just Indian companies in the US, several big US companies are in India too.
Referring to what has happened in the world in terms of eradicating poverty, he said China has had the strongest experience as 800 million people have been lifted out of penury.
Commerce and Industry Minister Nirmala Sitharaman said India has submitted a proposal to the World Trade Organisation (WTO) seeking an agreement on trade facilitation in services.
The BRICS nations include Brazil, Russia, India, China and South Africa.
In the entire 2015-16, these zones had received duty exemptions worth Rs 52,216 crore, according to the data given by Commerce and Industry Minister Nirmala Sitharaman in a written reply to the Lok Sabha.
When China joined the WTO in 2001, it was agreed that other member states could treat it as a non-market economy for 15 years.
The WTO's dispute settlement today set up a panel to resolve the dispute between Japan and India over imposition of safeguard import duty on iron and steel products. As both the sides failed to resolve the issue in the bilateral consultation process, Japan had sought formation of dispute resolution panel.
The announcement, which would come just days ahead of Trump's first meeting with his Chinese counterpart Xi Jinping, is widely seen as targeting China.
"Japan has requested the WTO Dispute Settlement Body for establishment of the panel in the WTO dispute...alleging that India's safeguard measures on certain iron and steel products are inconsistent with the WTO obligations," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.
The country has asked to end the discriminatory salary requirements. It has also proposed to the WTO to make the visa fees more reasonable and transparent.
Commerce and Industry Minister Nirmala Sitharaman said member countries of the World Trade Organisation (WTO) can learn lessons from the negotiations on the trade facilitation agreement in goods, which took long time for conclusion. On the lines of the trade facilitation pact in goods, India has submitted a detailed proposal to the WTO to negotiate a trade facilitation agreement in services (TFS).
"Even within the country, the value chains which will get integrated, will have a simpler and straightforward flow (of goods) and therefore, it should make exports more competitive rather than expensive," she told reporters.