Monday May 26, 2008

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India to press for changes in WTO proposals 

Agencies

New Delhi, May 26: Determined to protect interest of its farmers and nascent industries, India will press for changes in the latest WTO proposals on agriculture and industrial goods as hard negotiations begin tomorrow in Geneva on the much-delayed Doha Round.

India has already rejected the proposals in the drafts on opening global market for agriculture and industrial goods on the ground that they were unfair to the millions of small and marginal farmers of the developing world.

At the talks stretching over the next 10 days, the Indian side led by Additional Secretary in the Ministry of Commerce Rahul Khullar would engage with key interlocutors from the US, European Union, Japan and Canada to bridge the differences on the issues of livelihood concerns and farm subsidies.

India would press for enlarging number of items to be included in the Special Safeguard Mechanism (SSM), through which it can protect its farmers from cheap imports.

The May 19 draft has disappointed India and 45 other developing nations by limiting the number of items in SSM to 3-8.

They would also try and strengthen the different groupings of the developing countries like G-20 as the officials do parleys with counterparts from Brazil, China, South Africa, Mexico, Thailand and Pakistan, a senior official said.

While the areas of differences were narrowed down to 30 in the new negotiating text on agriculture, the key areas of interest to India would be Special Products, which can be protected through a tariff wall even as the world market is thrown open after an agreement is signed under the Doha Round.

 

 
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