Greater involvement by world political leaders is expected to deliver a breakthrough in the Doha Round of negotiations at the World Trade Organization by June, the chief of the multilateral trade body Pascal Lamy said.
World Trade Organisation chief Pascal Lamy has said that a final agreement in global trade talks is possible.
The contentious issue of market access, in World Trade Organisation negotiations, will figure prominently in the discussions between Commerce and Industry Minister Arun Jaitley and visiting European Union Trade Commissioner Pascal Lamy.
In a significant move to make the World Trade Organisations trade negotiations to meet the July-end deadline for a Framework Agreement, Trade Ministers of Non-Group 5 including India are meeting in Paris from July10-11.
WTO's new director general Pascal Lamy, who assumes office on September 1, on Friday selected four deputies including an Indian, Harsha Vardhana Singh, presently secretary of telecom regulator TRAI.
World Trade Organisation chief Pascal Lamy has endorsed India's stand in global trade talks but asked New Delhi to look at the 'bigger picture' and help break the impasse.
In a bid to break the deadlock on multilateral trade issues after the collapse of WTO's Cancun Ministerial, G-20 developing countries on agriculture will hold a meeting with EU Trade Commissioner Pascal Lamy on December 12.
India has rejected the World Trade Organisation's proposal to conclude the negotiations on the Doha Round by June-end.
In a major blow to China's exports, the European Union has announced that it is cancelling some of the advantages enjoyed by Chinese commodities under the generalised system of preferences (GSP) so that other developing countries can also benefit.
India on Thursday raised the contentious issue of higher GSP concessions to Pakistan with the visiting EU Trade Commissioner Pascal Lamy.\n\n\n\n
India's efforts to include services in the proposed Framework on Agriculture and Non-agriculture Market Access have received a shot in the arm with the European Union showing willingness to extend its support.
India and EU on Monday agreed to resume stalled WTO talks immediately by adopting a flexible approach to narrow the differences on contentious issues like agriculture.
Services have now become an offensive area for many developing countries like India and that is good news.
European Union trade commissioner Pascal Lamy will visit India next month to discuss issues involved in Indo-EU trade relations.
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