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India has warned that the development agenda of Doha Round of global trade talks are at the core of the efforts to conclude it by the next few months.
“A critical factor would be whether the member countries that have hitherto largely enjoyed the gains of trade liberalisation are willing to make their legitimate contributions to fulfil the core objective of the Round, which has been termed a Development Round,” Commerce Minister Kamal Nath has said in a release.
India has opposed the proposal of developed countries including the US to reveal the list of farm products which would be put under the category of Special Products, on which there will be lesser degree of cuts.
“While flexibilities and carve outs are sought to be obtained on Sensitive Products for some (developed) countries, on Special Products (SPs), we are seeing an attempt to derail the issue by bringing in a new concept of transparency with regard to SPs,” Nath said. He termed it as a “blatant attempt at shifting the goal posts.”
India is also uncomfortable with the provisions of the proposals on Rules, which calls for a cut in Fishing subsidies. India along with China and Indonesia have tabled a new joint proposal in this regard. (Business Standard)
May 19, 2008
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