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India puts up conditions ahead of Cancun WTO meet
Tuesday, July 15 2003 15:25 Hrs (IST)
New Delhi: With less than two months to go for the next World Trade Organisation (WTO) ministerial
meet in Cancun, India has made it clear it will not be able to enter into negotiations unless its concerns
on the proposed multi-lateral agreement on investments were cleared.
"Most developing countries, including India, will not be in a position to enter negotiations without a clear
picture of the structure and content of each issue," India's Ambassador to WTO K M Chandrashekhar
was quoted as saying in London by an official release.
"We have placed our concerns and views clearly (at the Doha rounds)… We must say, however, that
the situation continues to be unclear as it was at Doha," he said at a seminar, organised by Actionaid.
There was no convergence of opinion on most issues discussed in the working group, including on basic
issues as scope and definition, Chandrashekhar said.
There were no serious attempts to engage in debate and address concerns, he said, adding India's
apprehensions on the proposed multi-lateral agreement "had not been cleared during the clarification
process".
"At this stage, it is obviously inopportune to press for a multi-lateral agreement on investment, when
there are other more important issues (relating to development and the market access) for
consideration of the WTO," Chandrashekhar said.
The next WTO meet at Cancun in Mexico is to be held from September 10 to 14.
PTI
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