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Several developing countries are expected to oppose a proposal by World Trade Organization chief Pascal Lamy to "freeze" the issues on which there is convergence within the Doha Development Agenda and resolve the outstanding issues, Business Standard was told.
For developing countries, the key to both food security and livelihood security is the ability to protect small and marginal farmers from unfair competition and the policy space within which they can develop an agricultural policy centered on small-farmers and the maximisation of employment growth.
The situation began on Tuesday evening, with local media reporting that a family had been held hostage in the town, which is near the Belgian border.
India has consistently demanded that about 8 per cent of farm tariff lines to be exempted from the tariff reduction commitments while 12 per cent of tariff lines to be subjected to a minimum cut below 10 per cent. The United States, Australia, Uruguay, Thailand and Malaysia, however, vehemently opposed India's demands during what are called the Walk in Woods meetings convened by the chair for Doha agriculture negotiations Ambassador Crawford Falconer last week.
The coronavirus pandemic has spread to 146 countries with the worldwide death toll from the virus surpassing the 7,000 mark on Monday. Among the more than 1,73,000 cases recorded globally are government officials, celebrities and sports personalities as authorities around the world grapple to contain the spread of coronavirus. Hollywood actor Tom Hanks and his wife, actress and singer Rita Wilson, British actor Idris Elba, and Sophie Trudeau, wife of Canadian Prime Minister Justin Trudeau, are some of the most well-known faces to be infected so far.
Rapid industrialisation has helped India speed up its economic progress said WTO chief Pascal Lamy.
World Trade Organization Chief Pascal Lamy wants to have second term in office. He has now decided to throw his hat in the race in which he will be the first candidate to file papers.
Factbox on Rafael Nadal, who beat Dominic Thiem 6-4, 6-3, 6-2 to win his 11th French Open title on Sunday:
A Spanish left-hander moved into the quarter-finals of the French Open on Sunday. No surprise there, although his name was not Rafael Nadal but Albert Ramos-Vinolas.
The alleged assault took place when the pair arrived at her residential building in the chic 16th arrondissement of Paris at 9.40 pm. The criminals wore scarves across their faces and "without saying a word, sprayed their victims with tear gas before punching them".
Even as World Trade Organization director general Pascal Lamy has claimed that a successful Doha Round will lead to rich nations undertaking steeper tariff cuts than developing and poor nations, an analysis of the proposals shows the opposite may be true.
The Centre also overruled financial advisers' recommendations for making payments through an escrow account, an important safeguard in the absence of a sovereign or bank guarantee, The Hindu has reported.
WTO chief's two-day visit to India beginning Tuesday will also see him holding discussions with Commerce and Industry Minister Kamal Nath, as well as representatives of the industry, sources said. His visit comes days after the WTO mini-ministerial meeting in Geneva collapsed on the issue of safeguard for farmers from the developing countries against import surges.
The prospects for ministers pushing through an outline deal in the so-called Doha round of trade talks hang in the balance, with the US struggling with scepticism from Congress and its business and farm lobbies.
India has made it clear that it will not relinquish the leverage on agriculture and NAMA until a services deal is finalised by the WTO.
Ahead of his meeting with WTO Director General Pascal Lamy in Beijing on Tuesday, Commerce Minister Kamal Nath said on Monday that India and China were working together to create a new 'architecture and pattern' of multilateral negotiations. The mutual cooperation in WTO was reviewed at a meeting between Nath and his Chinese counterpart Chen Deming.
The Indian Grandmaster split the point with Canada's Pascal Charbonneau in the seventh round of the eighth Montreal International Chess Tournament.
"We have always said if the WTO Director General feels there is a chance for (another) opening, then we will be prepared to come again to Geneva," Commerce Secretary G K Pillai told reporters on the sidelines of a Ficci-CUTS conference in New Delhi. A marathon meeting of 30 trade ministers failed to reach a common ground when they met in Geneva between July 21-29 on an issue of the level of protection for developing countries in case of import surge.
"If the basis of the round (Doha negotiations) has to see a change in its very objectives, it would be tough going for global trade integration," said Commerce and Industry Minister Kamal Nath. "Revival of the weakest" and "not survival of the fittest" should form the core of the negotiations, he added. Otherwise, a renewed attempt being made by WTO Director General Pascal Lamy to bring the talks back on rail could meet the fate of the recently abandoned talks in Geneva.
Not the one to give up hope, WTO Director General Pascal Lamy is visiting India next week to find ways for picking up the threads from last month's failed trade talks in Geneva.
The still versions of the campaign will appear in print and digital.
Commerce and Industry Minister Kamal Nath said he talked to WTO Director General Pascal Lamy and told him that this was not a text of convergence, but nevertheless forms the basis for further intensive negotiations to restart in September.
Nadal was leading the match 6-1, 2-0 when Correno Busta decided he had had enough.
Sergio Perez expects to have his Formula One future decided before next month's Malaysian Grand Prix and said on Thursday that he is currently weighing up two options.
Arsenal, who fired Unai Emery as manager last week and appointed former player Freddie Ljungberg as caretaker boss, now sit 10th in the table on 19 points, with Brighton a single point behind and three places below them.
Spain coach Luis Aragones announced a 23-man squad for next month's World Cup in Germany on Monday.
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
Guinea brought more drama to the African Nations Cup with a shock 3-2 win over Morocco while hosts Ghana struggled to beat rank outsiders Namibia 1-0.
WTO chief Pascal Lamy has asked India to give increased market access for agricultural products and contribute toward advancement of the contentious Doha Round of global trade talks.
The Director General of World Trade Organisation, Pascal Lamy, today urged to speed up the negotiations on the Doha Round as the Trade Promotion Authority in United States is expiring in June.
WTO Director General Pascal Lamy met Prime Minister Manmohan Singh on Friday and sought concessions from India to revive the stalled Doha Round of negotiations.
There was a plan to increase the Railways' revenue by augmenting carrying capacity. This target has, however, become the source of a bitter battle between two ministries - the railways and steel - and provoked serious arguments over the "Make in India" programme.
Already without the likes of Richard Gasquet and Gael Monfils for the final against Croatia, Noah decided to leave out Lucas Pouille, the top-ranked player in his squad.
France won their 10th Davis Cup title when Lucas Pouille crushed Steve Darcis 6-3, 6-1, 6-0 to give the hosts a 3-2 victory in the final against neighbours Belgium on Sunday.
Mehta will share the prize with French composer Pascal Dusapin.
Sebastian Vettel has made clear his future is with Ferrari as Mercedes look to replace newly-retired Formula One world champion Nico Rosberg for next season.
WTO has released a draft text on the contentious issues of agriculture and industrial tariffs but it appears that not much headway has been made with wide differences persisting among member nations.
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