The differences between the rich and developing nations have always been at the core of the World Trade Organisation, set up in 1995 to facilitate greater trade flows across the world, and it came as a major breakthrough when the US and India reached a deal over food security issues in 2014.
US Commerce Secretary Carlos M Gutierrez,who travels to New Delhi, Feb. 13-14 to meet Commerce and Industry Minister Kamal Nath,
Underlining the need to step up regional co-operation and trade particularly in energy and telecom sectors, India and Australia agreed on Wednesday to work together for the implementation of the Doha Development Agenda.
Developing countries have stressed on evolving a high-level cohesion among themselves for achieving development objectives at the ongoing WTO negotiations.
The Doha negotiations has been virtually stalled since July 2008.
This will be an area where bilateral or regional trade pacts may not be able to perform well.
Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.
The success of the Bali Ministerial meeting of the World Trade Organisation in the first week of December in 2013 will mean that in 2014 countries will identify areas for early conclusion so that within the next two years, the Doha Agenda of the WTO -- which has remained in a limbo for long -- can be concluded.
In an interview with Nayanima Basu, the DG lauds the efforts of Indian negotiators in bringing the deal on the table.
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