| more updates... India steps up attack on US, EU ahead of WTO meetKR SUDHAMAN
  PTI [ TUESDAY, SEPTEMBER 09, 2003 06:26:53 PM ] CANCUN (MEXICO):                     The five-day ministerial meeting of the World Trade Organisation                     begins here on Wednesday to find a common ground on contentious                     issues like farm subsidies as India stepped up its attack                     on the United States and European Union accusing them of being                     responsible for depressing farm prices in developing countries. A 60-member Indian delegation led by Commerce Minister Arun                     Jaitley arrived here on Tuesday for participation in the meeting                     with a mandate from Prime Minister Atal Bihari Vajpayee to                     safeguard national interests. India is expected to oppose                     any move to bring in investment and competition rules into                     the work programme of the WTO besides attempts by the US and                     EU to bulldoze their way in the tough agriculture negotiations. Shortly after landing here, Jaitley did some plain-speaking                     saying high domestic support and export subsidies in industrialised                     nations depressed farm prices and hurt poor farmers in the                     developing countries. Strong domestic support and export subsidies in developed                     nations have placed tremendous curbs on the export of farm                     goods by developing nations which had been blocking progress                     on other fronts in the WTO. A large number of anti-globalisation activists have descended                     on this beach resort to protest against free trade and growing                     trade and corporate domination. Jaitley met with US Trade                     Rrepresentative Robert Zoellick, EU Trade Commissioner Pascal                     Lamy and ministers from like-minded group of developing countries                     and Brazilian authorities ahead of the meeting. "We made it amply clear the fact that depressed farm                     prices due to heavy domestic support and export subsidies                     in US and EU was hurting farmers in countries like India most                     as they were not getting remunerative prices for their produce,"                     Jaitley is believed to have told Zoellick and Lamy. India, Brazil and China and 17 other developing countries                     have already joined hands to counter the pro-developed stance                     of EU and US on agriculture, which has irked Lamy, who has                     indicated that agriculture would be a hot issue at the ministerial.                     Armed with a broad political consensus and support from industrial                     and trade chambers, Jaitley is expected to fight any attempts                     to bring in the so-called Singapore issues comprising investment,                     competition policy, trade facilitation and transparency in                     governemnt procurement into the work programme of WTO. WTO members have missed practically all the deadlines they                     had set for themselves when they launched the Doha Development                     Round in November, 2001. "Of course, the fact that we                     have missed some important deadlines means that the decision-making                     aspect of our work in Cancun will be more burdensome than                     was envisaged in Doha," WTO director general Supachai                     Panitchpakdi told reporters on the eve of the meeting's start. He said decisions would no doubt be required in the areas                     of agriculture, non-agricultural market access, implementation                     and special and differential treatment.   |