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Rediff.com  » Business » Doha round: India talks tough again

Doha round: India talks tough again

Source: PTI
July 29, 2009 16:53 IST
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The Indian flagAfter showing interest to re-energise the Doha trade talks in the recent past, India on Wednesday stuck to its tough stand that WTO negotiations can happen only if concerns of developing nations are addressed.

"... An early conclusion of Doha Round is important; India is willing to take part in negotiations at the WTO provided the core concerns of the Round, namely development concerns of developing nations are addressed," commerce and industry minister Anand Sharma told Rajya Sabha.

Sharma's remarks during Question Hour come a day after India showed its concerns at the WTO headquarters in Geneva that no real progress was visible from the key member countries, despite New Delhi showing desire to re-energise the multi-lateral trade talks.

The Doha Round of negotiations launched in 2001 have remained virtually stalled since July 2008 when the trade ministers' meeting in Geneva collapsed due to differences between the rich and the developing nations mainly on the level of protection for farmers in developing countries, once the global trade is liberalised.

"India is engaging with partners in G-20 and G-33 (alliances of developing countries) to ensure that historic distortions are corrected, and the mandate of the Round including livelihood concerns are addressed," Sharma said.

After taking over charge in the commerce ministry, Sharma had said that India would press for re-energising the Doha talks.

India is also hosting trade ministers' meeting in September in its endeavour to bridge the gaps. The meeting will also be attended by WTO Director General Pascal Lamy.

However, Opposition parties, including Bharatiya Janata Party and Communist Party of India (Marxist), have alleged that the United Progressive Alliance government in its second term is diluting the stand that India would not compromise the interest of farmers while negotiating a global deal for opening up of trade.

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