India wants solution on subsidies from WTO talks, continuation of Doha round

With less than a fortnight left for the WTO ministerial in Nairobi, India has stated its expectations from the crucial meeting. Commerce secretary Rita Teaotia has said that even though the contours of what is there on the negotiating table of the WTO, there are four issues on which India wants to emphasise- continuation of the Doha Development Agenda, special safeguard mechanism, removal of targeted subsidies, and reduction in trade distorting subsidies.

"The Doha round must not be abandoned at Nairobi (even though) there have been rough patches," she said... She added that in the past, developing countries were dragged into the Doha round but the situation is different now because the developed world doesn't want to pursue the Doha development Agenda while developing nations want to...

This has been excerpted from 3 December 2015 article by The Economic Times.