Vol.8 No. 3-4
A Monthly Newsletter of the Ministry of Commerce and Industry
March-April 2006
Policy Space must for any modalities
in WTO Negotiations: Kamal Nath
Developing countries will lose if Doha talks fail, says Lamy
 
Appropriate policy space must be an essential element of any modalities for negotiations in the World Trade Organisation (WTO) and its final outcome, Mr. Kamal Nath, Union Minister of Commerce & Industry, said while addressing an International Conference on ”WTO and the Doha Round: The Way Forward”, which was organised jointly by the Indian Council for Research on International Relations (ICRIER) and Sir Ratan Tata Trust (SRTT). Stressing that protection of the interests of millions of farmers was cardinal for India, the Minister said that in agriculture, ”it remains central to our collective interests that the trade-distorting subsidies and protection provided by developed countries are eliminated so that a level playing field is established”. Agricultural tariffs remained the only instrument of safeguarding the food and livelihood security of our rural poor, he added. Mr. Pascal Lamy, Director General, WTO, who was on a two-day visit to New Delhi on 5 & 6 April 2006 also
 

participated in the inaugural session of the Conference.

While acknowledging that no one could disagree with Mr. Lamy’s call for urgency in the negotiations, Mr. Kamal Nath said the fact remained that mere urgency alone could not bring about a fair solution. Developed countries must recognise the essential development character of the current negotiations and reflect this in whatever they were willing to commit to do, he stressed, adding: ”only then will we be in sight of a solution”.

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