The region, encompassing countries like South Korea, China, Japan, Taiwan, and Singapore, faces a critical juncture as fertility rates plummet, posing profound economic challenges and societal shifts.

During the conference, South East Asian nations, Comoros, and Timor-Leste officially joined the WTO. Goyal emphasized Prime Minister Modi's advocacy for their inclusion, saying, "PM Modi urged that both countries should get a place in the WTO. We are pleased that both countries got inducted."