WTO issues cast shadow over Kerry's visit
India’s tough stand at the World Trade Organisation
(WTO) is likely to hang over bilateral issues between India and the U.S.
as U.S. Secretary of State John Kerry begins his meetings in Delhi on
Thursday.
U.S. Commerce Secretary Penny Pritzker, who
is accompanying Mr. Kerry to co-chair the Indo-U.S. strategic dialogue,
set alarm bells ringing just hours before the meeting, saying the U.S.
was “very disappointed with India stepping backwards on its WTO
commitments.”
The deadline for India to sign on to
the Doha Round of trade talks expires in the next two days, while the
U.S. delegation is here, and Mr. Kerry has urged India to sign the
agreement, which India opposes unless it is accompanied by an agreement
that allows developing countries to subsidise foodgrains. Ms. Pritzker,
speaking to PTI in Mumbai, said: “I am an optimist, I am hopeful that
over the next couple of days there is some potential for resolution.”
But she also made it clear that India’s refusal to sign the trade
agreement would have “serious implications.”
Based on The Hindu
GA Team
Mahendra Educational Pvt. Ltd.
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