India,
China concerned about 'pro-rich' WTO draft
Cancun: Notwithstanding the combined front put
up some developing countries, including India and China,
in the areas of agriculture and Singapore issues, their
concerns have been pushed to the backburner in the draft
declaration circulated on the penultimate day of the fifth
World Trade Organisation ministerial here. Toeing the
line taken by the US and the EU, the draft is soft on
agriculture subsidies provided by the two and mandates
negotiations to begin for a multilateral agreement on
government procurement and trade facilitation. Talks on
investments also have been mandated at a later date as
the draft has tied it to the launch of negotiations on
agriculture and non-agriculture market access issues.
India,
Brazil, China and other members of the alliance on agriculture
and Singapore issues have expressed their strong resentment
on the draft. These countries have stressed that the draft
is unacceptable to them; and they huddled together with
the EU and the US till early Sunday morning to iron out
the differences. This will be followed by green room meetings,
in which some countries including India, China, the EU
and the US will meet with the facilitators to amend the
draft.
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