The United States on Monday ruled out cutting farm subsidies unilaterally, but said it was open to talks on the subject with a view to restarting the Doha Round of negotiations at the World Trade Organisation.
In her remarks at the US-China Relations Conference in Washington on Tuesday, US Trade Representative Susan Schwab said: "I urge China to pull back from the brink and unambiguously commit to the market access and flexibilities put on the table by the chairs -- just as Indian Prime Minister Singh has indicated his country will".
India is giving priority to boost trade with European Union and foresees no difficulty in signing a free trade and investment agreement with EU, notwithstanding wide differences between the two sides in the WTO over the Doha Round of trade talks. India and EU are negotiating a free trade and investment agreement aimed at phasing out and eliminating import duties on a large number of trade items.
The world's top eight industrial nations on Monday ppeared to have climbed down from a tough position on farm subsidies, reviving hopes of resumption of the collasped WTO talks.
The WTO mini-ministerial scheduled to be held later this month to break the impasse on crucial farm and industrial tariff negotiations has been called off.
India is an important partner of the United States and the export of mangoes to the US reflects the 'closeness' and increasing 'interdependency' between the two governments, the White House has said.
India has expressed disappointment over the first draft text for the forthcoming World Trade Organisation Ministerial Conference in Hong Kong
Murali Sreeshankar has been ruled out of Paris Olympics after sustaining a knee injury during training.
'The whole team is motivated with what's happening in Palestine, it's a difficult time for all families. But we're professional players, we should keep it up the same way as we've been working in the last few weeks.'
US President George W Bush on Monday spoke to Prime Minister Manmohan Singh and discussed the status of the civil nuclear deal and the recent nuclear test by North Korea.
The G-20 alliance of developing countries led by India and Brazil is likely to come up with "better" proposals at its meeting in Geneva this week as chances of a global trade deal on WTO's Doha Round brighten. Nath said members of the G-20 wanted to recognise some of the sensitivities of developed countries as long as their own concerns of livelihood and food security are taken on board.
A day after the failure of six-nation WTO talks in Geneva, government said on Tuesday the US is unwilling to reduce domestic subsidies on farm products.
Qatar rode on a controversial goal to emerge 2-1 winners against India.
India has held that countries responsible for creating the problem of climate change should come out in a big way to solve this issue.
India on Friday lashed out at the developed countries for enhancing subsidies to the agriculture sector, apart from high tariffs and trade distorting domestic support and asked them to take immediate corrective steps.
India and the US have agreed to meet next month for resolving differences on farm subsidies and industrial tariffs as part of efforts to resume the deadlocked global trade negotiations.
Andy Murray knows time is no longer on his side as the 36-year-old conceded that another deep run at a major may not be within his reach after exiting the US Open on Thursday.
Highlighting the need to arrive at a "balanced package" at the forthcoming Hong Kong Ministerial, the group of 20 leading economies of the world on Friday
The United States has offered to cut its agricultural subsidies by 60 per cent over a period of next five years as demanded by the G-20 developing nations and Britain in its bid to revive the Doha round of trade talks.
US official says India must resort to greater liberalisation so that US investors have as many opportunities here as Indians have in the US.
A day after collapse of the G-4 talks, India on Friday said the group's role as a consensus- building mechanism in WTO talks has come to an end and warned the US and EU against trying to divide developing nations.
Neeraj Chopra was not at his best but still finished second with a final round throw of 85.71m in the men's javelin event of the Diamond League
India's Saurav Ghosal advanced to the second round of the Qatar PSA World Squash Championship, beating Abdulla Mohd Al Tamimi in straight games in Doha on Saturday.
The government has taken several measures to clear the applications and that includes sanctioning of 373 additional posts in the patent wing.
A summary of sports events and persons who made news on Thursday
Prakash Amritraj lost to Mardy Fish at the ATP event in Las Vegas while Uberoi lost to Maria Vento-Kabchi in Doha
The Doha Round of talks of the World Trade Organisation (WTO) faces a new challenge and if some statements emanating after the General Council meeting on July 25 at Geneva are to be taken at face value, this could derail the process of trade liberalisation through a multilateral route for some time.
'I am relieved it is coming together well for me. A win is a win and I will take that happily.'
