Indonesian Trade Minister Gita Wirjawan, Chair of the Ninth Ministerial Conference, and the three Vice Chairs, in a joint statement, urged 'all WTO members to come together over the next few days to make the necessary breakthroughs, working closely with WTO Director General Roberto Azevedo.'
The Indonesian Minister's comments assume significance as she is also a candidate for the position of Director General, World Trade Organisation.
India has not changed its position on agriculture and industry at the World Trade Organisation negotiations on freeing global trade to protect the interests of its farmers and small enterprises, Commerce and Industry Minister Anand Sharma has said.
On the eve of the WTO Ministerial Conference in Hong Kong, India on Monday asserted it will not be rushed into a global trade deal that displaces millions of its poor farmers.
Nepal on Friday became the 147th member of the World Trade Organisation with the protocol of accession coming into force.
Hailing the agreement reached between India and the US aimed at resolving the stalemate over the WTO trade facilitation pact, Australia on Friday said the gains from the deal once it is sealed are "significant" and the developing nations would be its Hailing the agreement reached between India and the US aimed at resolving the stalemate over the WTO trade facilitation pact, Australia on Friday said the gains from the deal once it is sealed are "significant" and the developing nations would be its biggest beneficiaries.biggest beneficiaries.
India and other developing nations, on the other hand, want the peace clause until a permanent solution is found on the matter for smooth implementation of the food security programme.
Under the TFA, a proposal of developed countries, WTO members are negotiating ways to facilitate trade, simplify and harmonise customs rules and reduce transactions cost. Although India is willing to negotiate on TFA, it has raised few concerns over the proposed agreement.
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Trade ministers and diplomats from around 130 countries are participating in the four-day meeting that started on Tuesday.
If the WTO talks in Bali fail, it will adversely impact India.
WTO's new director has said that the issue needs to be addressed in a positive manner.
The country has also asked India to further reduce tariffs on goods.
Asserting that there was growing scourge of terrorism in view of fast growing linkages of terrorist groups across the globe, India on Tuesday strongly advocated stepped up cooperation through intelligence exchange and training with 54 African countries.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
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