Sunday, August 30, 2009

India cannot be blamed for Doha deadlock: Sharma


MUMBAI: Defending India's stand on the Doha talks, the Commerce Minister, Mr Anand Sharma said it was wrong to blame India for the 14-month deadlock and on the contrary New Delhi was making an effort to re-engage in the multi-lateral global trade deal.

“There has been a deadlock for close to 14 months for various reasons. Sometimes, it has been projected that there was non-agreement and it was India which was responsible. No, that's not correct. We took a position. Other developing countries took a pos ition,” Mr Sharma said at a function here last night.

The Doha round of talks had collapsed at Geneva in July last year primarily on concerns over level of protection available to farmers in the developing countries in the multilateral global trade pact.

“If the talks collapse, then nobody is the gainer. Our objective is to re-engage and put in place a rule-based multilateral trade regime which is fair, equitable and which corrects the historical distortions that have hurt the developing world,” Mr Sharm a said.

India is hosting the World Trade Organisation (WTO) ministerial meeting in New Delhi this week, which would be attended by major groupings such as the G-20 led by India and Brazil, African Group led by Egypt, the US and the European Union. - PTI

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