A Monthly Newsletter of the Ministry of Commerce
and Industry

Vol.6 No. 7
July 2004


Kamal Nath, Minister of Commerce & Industry, with Trade Ministers of G-20 in Geneva on July 28, 2004
We have succeeded for the first time in bringing into the framework agreement the concept of food security, livelihood security and rural development. Developed countries have been conveyed in clear terms that the artificiality of prices (flowing from heavy agricultural subsidies) maintained by them cannot give them market access (in developing countries), so all export subsidies will have to be eliminated. Developed countries have recognised that agricultural trade with a heavy subsidy component is not free trade. The framework on agriculture fully meets India's key demands designed to preserve the country's domestic policy space by providing for special products, special safeguard mechanism and a special and differential treatment in respect of market access
in agriculture.
- Kamal Nath
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in this issue

- Gains from the WTO framework agreement
- Short points
- WTO framework agreement of 31 July/1 August 2004
- Kamal Nath consults all political parties and trade unions on the eve of geneva talks.
- Parliament Briefs
- Why India rejected july 16 text of draft WTO framework
- Clippings
- Schedule of meetings at WTO/Geneva

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