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Trade
talks: India, US to work together
Tuesday, May 13, 2008
India and the United States have agreed to resolve the
divisive issues for an early conclusion of the Doha round of
trade negotiations.
It would send a "strong message" of global unity and
resolve in the face of increasing uncertainties in world
economy due to rising food and energy prices and turmoil in
financial markets in several countries, an official statement
issued on Friday on the talks between Commerce and Industry
Minister Kamal Nath with United States Trade Representative
Susan Schwab said.
In the meeting, which was held on Thursday, they have
decided to begin technical work to bring about consensus on
the divisive issues among the members of the World Trade
Organization (WTO), the statement said.
During the talks, Nath said Schwab that India would not
accept any constraints or restrictions on its ability to
provide assistance to its poor fishermen as it is a question
of their livelihood.
The Agriculture negotiation, they agreed, pose the greatest
challenges as they involve complex issues of subsidies and
sensitivities on market access, especially in developing
countries, in relation to food security and livelihood
concerns of poor farmers.
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