Rediff India Abroad
 Rediff India Abroad Home  |  All the sections


The Web

India Abroad

Sign up today!

Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this article

Home > Business > PTI > Report

Poor nations form another alliance

September 11, 2003 11:55 IST

After a formidable coalition of Group of 21 countries was formed to counter pro-developed US-EU framework on agriculture, developing nations including India formed yet another alliance to oppose industrialised nations' move to have new investment and competition rules as part of the trade agenda of World Trade Organisation.

Also Read

Cancun 2003: Complete Coverage

Trade can-can at Cancun

Besides India, the group would comprise Malaysia, China, Indonesia, Bangladesh, Philippines, Venezuala, Cuba, Egypt, Nigerial, Zimbabwe, Kenya and Zambia.

The Group of 15 would have its first formal meeting on Thursday to finalise its strategy on Singapore issues comprising investment, competition policy, trade facilitation and transparency in government procurement, Commerce Minister Arun Jaitley told reporters.

India and these countries has been opposing Singapore issues while European Union and United States wanted modalities to be worked out at Cancun to start negotiations as part of the Doha development round.

© Copyright 2006 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Share your comments


Copyright 2006 India Limited. All Rights Reserved.