The Seoul meeting could provide an opportunity to sort out differences between the US and emerging economies within the larger framework of global adjustment.
India's trade envoy, Ambassador Ujal Singh Bhatia, issued a strong notice that if there is no third revised text which fully addresses the grave lacunae as well as developmental deficiencies in the latest draft, it would be difficult for members to enter into horizontal meetings that WTO chief Pascal Lamy wants to convene next month.
India has made it clear that it will not relinquish the leverage on agriculture and NAMA until a services deal is finalised by the WTO.
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