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Rediff.com  » Business » India asks US to be flexible, warns against trade barriers

India asks US to be flexible, warns against trade barriers

By Lalit K Jha in Washington
June 19, 2009 13:37 IST
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India has asked the US and other countries to show flexibility in reopening the stalled Doha round of talks so that an early and fair world trade accord can be reached.

Commerce and industry minister Anand Sharma warned against protectionist measures resorted to by developed countries saying those measures would further deepen recession and delay a recovery in the world economy.

The Doha Round of talks were stalled in July 2008 amid differences between the US and India, representing the developing world. India wants special safeguards for developing countries to protect their agricultural sectors.

Sharma said Prime Minister Manmohan Singh wanted the current round of talks to conclude successfully.

"That is the mandate I have from the prime minister, who feels that the present economic crisis -- which the world is facing -- should be a positive message for global trade barriers to be broken down further and global trade to move, which will help economies across the globe," he said, addressing a news conference here yesterday.

Observing that the present global economic scenario is both a challenge and an opportunity, Sharma said the countries who could play a role, who could define the road-map, must work with sincerity and openness. "we will allow free movement of people and free movement of trade and service".

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Lalit K Jha in Washington
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