Page 284 - DMGT401Business Environment
P. 284

Unit 13: World Trade Organization




                                                                                                Notes


             Caselet     India and WTO Deal: India for all Round Talks

                                                                    –by Prabhankar Sinha
                n order to expedite progress on the Doha Development Agenda (DDA) under WTO
                (World Trade Organisation), India proposed simultaneous  negotiations in services
             Ialong with issues on agriculture and non-agriculture market access (NAMA).
             Addressing a two-day mini-ministerial meeting on Re-Energising Doha A commitment
             to Development, commerce and industry minister Anand Sharma said, ''Since time is of
             the essence and in order to maintain a balance within the single undertaking, we can
             consider moving the other issues on the agenda forward." He asked the member delegates
             whether parallel negotiations in services and other areas can be taken on board in a more
             proactive member.
             The inclusion of negotiation  on services along with  the other  contentious topics  like
             agriculture and NAMA will help countries like India in the bargain, giving them greater
             maneuverability in trading off gains in one area against concessions they  may have to
             yield in other areas.

             Under the Hong Kong ministerial meeting in 2005, an understanding was reached between
             member  countries that a sequential  approach would  be adopted  with negotiations on
             agriculture and NAMA being prioritized. But to complete the Doha Round of negotiation
             by 2010, Sharma asked ministers from 35 countries who have come to Delhi whether they
             would be willing to deviate from the "tried and tested process."
             ''While we follow the established process of multilateral negotiations, we also need to
             look  at  various  approaches  to  feed  the multilateral  process to  reach a  satisfactory
             conclusion," Sharma said, adding that concluding the Doha round of negotiations is vital
             for strengthening world trade.
             The  two-day  informal  meeting  of  trade  ministers  of  35  WTO-member countries  is
             deliberating on the timeline to conclude negotiations on the Doha development agenda
             by 2010 and not trying to resolve the contentious issues. Various issues in agriculture and
             NAMA are yet to be sorted out. ''This will take time and needs to be factored in when we
             decide  on a  schedule for the ensuing months to  determine when  agriculture/NAMA
             modalities can meaningfully concluded," Sharma said.
             In the meeting, according to a statement by Indian government, there was a unanimous
             affirmation of  the need to expeditiously conclude the  Doha round,  particularly in  the
             present critical global economic situation. All agreed that there was a need to resume talks
             in Geneva to conclude the round.
             Initiating the discussions in the meeting, WTO DG Pascal Lamy said the conclusion of the
             Doha Round was an urgent requirement as per the signals emanating from world leaders.
             However, he acknowledged that these signals had not created negotiating dynamics at the
             ground level, which is essential for the conclusion of the Round.

             The Chairs of the WTO negotiating groups on Agriculture, NAMA (industrial goods) and
             Services provided an overview of the status of negotiations in their respective areas and
             outlined their work plans in the ensuing months.
                                                                                 Contd...



                                            LOVELY PROFESSIONAL UNIVERSITY                                  277
   279   280   281   282   283   284   285   286   287   288   289