India won’t give in to Western pressure at WTO: Sharma

25 May 2011

1

Commerce minister Anand Sharma today said that while India is committed to progress in World Trade Organisation (WTO) talks, it would not be browbeaten by developed countries into shifting the parameters of the talks.

The Doha round of talks must continue to build on the progress made, but attempts to re-open issues on which substantial progress has already been made would be counterproductive, Sharma said in a statement ahead of an informal meeting of ministers in Paris to discuss WTO positions.

The meeting of select trade ministers, which Sharma is scheduled to attend, is being held in Paris on Thursday on the sidelines of an Organisation for Economic Development (OECD) meet.

Opposing any rush to complete the Doha multilateral negotiating round, Sharma said that the developed countries are seeking to put more pressure on the developing nations for opening their markets.

''India views such an attempt to shift goal posts as unacceptable and as a violation of the mandate,'' he said.

The meeting, which has been convened by Australia, is likely to be attended by ministers from the European Union, the US, China and Japan.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers