EU asks India to show flexibility on agriculture
Sunday, November 19, 2006 01:07 [IST]
New Delhi: The European Union has asked India to show flexibility in granting real market access, both in agriculture and industry so that the stalled WTO Doha Round negotiations can be restarted.
EU Trade Commissioner Peter Mandelson, who was here on November 17 and 18, however, did not want India to make any compromises in subsistence farming.
Describing India as a big player in the Doha Round of the World Trade Organisation, Mandelson said New Delhi can help restart the suspended trade talks by dropping its tough stand on agriculture.
"India has one uniquely important contribution to make at this point of restarting the Round. This is to show some further flexibility on agriculture. Not to the extent of opening India's huge agricultural subsistence economy to global competition." "This is not possible. But by moving where you can, to allow others limited but real market access, including some difficult commodity areas...This is where India can now show additional leadership," Mandelson said in his speech at the Hindustan Times Leadership Summit.
In the area of industrial tariff, known in WTO parlance as the Non-Agriculture Market Access (NAMA), Mandelson also wanted India to deliver real cuts.
"India will also need to work with Brazil and the other emerging economies including China by the way to deliver real cuts in industrial goods tariffs," he said. Something similar, Mandelson said, would have to be done in Services. |