Financial Daily from THE HINDU group of publications
Saturday, Apr 20, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - WTO


Post-Doha, India, China to work together

Our Bureau

KOLKATA, April 19

INDIA and China, the newest member of WTO, can work together closely in areas of agriculture and environment, prior to the run-up to the fifth WTO ministerial in Mexico sometime next year.

Participating in an interactive session on `WTO-the on-going negotiations at Geneva-Post Doha', organised by the Bengal National Chamber of Commerce & Industry here, Mr S.N.Menon, Additional Secretary, Ministry of Commerce, said both countries would be working in areas of common interest.

He said preliminary dialogue with a team of Chinese agriculture experts at the Commerce Ministry has already been concluded.

Outlining the features of the works programme to be adopted by India post-Doha, he said consultations with stakeholders (Indian industry) have already begun, for formulating strategy at the meeting of the Trade Negotiating Committee (TNC) under WTO.

The TNC, after collecting the inputs, would report to the ministerial, he clarified.

He also reiterated India's stand at Doha that the trade procedures have to become more transparent. The preparatory process should be more streamlined at open meetings at the Geneva Council of the WTO, he pointed out.

On the services area, "we are in the process of preparing the `positive list' by June 30. Each member country is expected to prepare a positive list and place it before the general council."

As part of the preparatory process, prior to the Mexico Ministerial, he said the Ministry was organising a legal round table in July, most likely in Bangalore, in collaboration with the National Law School experts to sensitise the legal community to WTO issues. International lawyers are also expected to participate in the round table conference.

He described the WTO as a unique institution, with inherent legal systems, panels and appellate bodies, which require a great deal of understanding.

Admitting that there was power play at the WTO talks, he said there was need for adopting a single undertaking through a process of consensus.

He also stressed on the importance of technical assistance and capacity building, now taken up as a programme at the WTO level.

Admitting that influence of regional trade blocs on WTO negotiations was a matter of great concern, he said the IIFT has been commissioned to do a study on this aspect of multi-lateral trading system.

Send this article to Friends by E-Mail

Stories in this Section
Auto cos get FIPB green signal for new models


7 non-operational Cement Corpn units to be closed
AP to set up chemical industrial complex
Karnataka: A community initiative for cleaner environment
`APM dismantling to strain urea co margins'
Days numbered for Fertiliser Corpn units
Need to improve drug quality norms: Study
Partnership venture to streamline power sector -- APERC inks pact with US bodies
Karnataka: Paid-up capital of discoms fixed at Rs 50 lakh
DVC plans restructuring
Securitisation of power dues may worsen States' position
Kerala: Revenue collection up at Rs 85.74 cr
8 SSIs qualify for SBI quality scheme
Truck, bus tyre output down in February
TN: Metrowater considers bulk purchase to enhance supply
Rainwater harvesting urged
Ethiopia keen on Indian tractors
Marginal fall in gem, jewellery exports to $7.53 b
Dutch Govt offers expertise to Bangalore cos
TN scheme soon for property registration
CII opposes Budget proposal on depreciation
Space museum in Bangalore
No monkey business, this!
Strand Genomics launches new tool
Film stars' honeymoon with TV is over: Chamber
Karnataka: Empowering women through biz initiatives
If Divestment Ministry has its way -- No PSU can bid for HPCL, BPCL
ONGC, IPCL sign price pact for ethane, propane
Decks cleared for Shell's Hazira port project -- Rs 3,000-crore FDI to flow into Gujarat
Post-Doha, India, China to work together
Thiruvananthapuram Engagements
Chennai Engagements
`I-T relief for poll funds a mockery of justice'
Adventure tourism, catalysed by Kalypso
TN to push lesser-known locales in tourism drive


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line