Foreign Trade
No change in stand on WTO: Maran
INDIA maintained that there was no change in its stated position of the need for the World Trade Organisation (WTO) to address the implementation concerns of the developing countries upfront before embarking on a negotiating mode on various new issues.
Canada hopes to double trade
THE Indo-Canadian trade has witnessed a quantum jump registering over 50 per cent growth in the first half this fiscal and this is expected to double by the year 2003, according to a senior Canadian High Commission trade representative.
World Bank report sympathetic to third world concerns
EVEN as the World Bank along with its sister organisation, the IMF, have been criticised for pushing through the ``Washington Consensus'' on borrowing countries with a set of conditionalities to mend their economies to make them market-savvy, the World B
ank, for once, sings different song. This is in tune with the concerns widely voiced by NGOs and the developing countries on the perils of indiscriminate globalisation and trade liberalisation.
India unhappy with pre-Doha declaration
WITH almost a week left for the fourth ministerial conference of the WTO in Doha, India voiced serious reservations in the revised pre-Doha Ministerial declaration of October 27, 2000, stating that ``by opting for a text which does not bring out the diff
erences in crucial areas, especially in respect of new issues... many of us are forced to put the entire text in square brackets''.
Terrorism
FATF plan to combat terrorist financing
THE Financial Action Task Force (FATF) at an extraordinary plenary in the aftermath of the September 11 terrorist attack in the United States has agreed to a set of special recommendations on terrorist-financing.