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.'
Britain on Thursday said it was unlikely that the next World Trade Organisation Ministerial will be held this year, indicating that completion of the Doha Development Round of trade negotiations will miss the deadline of January 01, 2005.
This comes in the backdrop of the circulation of new draft negotiating texts last week by the WTO on agriculture, industrial goods and sectorals.
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.
The fate of the WTO ministerial level talks to forge a global trade deal hangs in balance as the use of a safeguard measure to check imports surges remains the key sticking points between rich and developing nations, who have been engaged in over eight days of negotiations.
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.
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.
Ruling out any compromise on developing countries' stance on agriculture, India on Wednesday made it clear that it would not mind even if Hong Kong WTO Ministerial next week collapses on this count
Nepal on Friday became the 147th member of the World Trade Organisation with the protocol of accession coming into force.
India on Wednesday demanded "real cuts" in farm subsidies by the US for creating a level-playing field in multilateral trade.
Agriculture will be a 'hot-ticket item' for negotiations at next week's WTO ministerial talks in Cancun where the EU, accused as 'protectionist,' would seek a balance between market opening and preservation of a viable countryside world-wide.
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.
The Doha negotiations has been virtually stalled since July 2008.
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.
Biden, who during his visit to India in 2013 had set the target of increasing the bilateral trade to $500 billion.
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.
As hard bargains continue for the next four days at the picturesque tourist resort of Indonesia, the ministers., including from the influential developed countries will try and reach agreements on providing windows to the developing nations for their food security programmes and a pact to free the global trade from the procedural hassles at the customs.
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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.
P Chidambaram said to be able to play a meaningful role in the global governance, the G-20 agenda should be sharper and focused only on those issues on which it can make a distinctive contribution, particularly, on economic and financial matters.
She lamented that Africa despite being the largest continent in terms of number of the countries and India, which has has one-sixth of the world's population, still don't have permanent membership of the UNSC.
Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
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.
Refusing to budge from its tough stand on food security issues, India pressed for a fair and balanced outcome of the WTO ministerial meeting in Bali.
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.
Ambassador Islam A'Isi' Siddiqui -- who recently resigned from his position as chief agricultural negotiator in the office of the United States trade representative -- has joined the Center for Strategic and International Studies as senior adviser on Global Food Security.
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.
This was a very strong position and was criticised by many, both from the developed and developing world.
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