'Rich world should restart WTO talks '
India urged developed nations Tuesday to return to the negotiating
table to hammer out a new global trade deal -- but only if they are
willing to give and not just look for what they can get.
The latest round of World Trade Organisation (WTO) talks, which saw
emerging powers such as India, China and Brazil take centre-stage, fell
apart in July in a potentially devastating blow to millions of the
world's poor.
Indian Trade Minister Kamal Nath said on Tuesday "we must seize the
moment, we must not let it pass" to reach agreement in the talks, billed
as the "development round."

Indian Minister for Commerce and Industry Kamal Nath (L)
shakes hands with Secretary General, The United Nations
Conference on Trade and Development (UNCTAD) Supachai
Panitchpakdi (R) during a Conference on Global Partnership
for Development 'Where do we stand and where to go?' in New
Delhi on August 12. The Federation of Indian Chambers of
Commerce and Industry (FICCI) and CUTS International
organized the two-day conference providing a forum for
underanding, reflecting the deliberating on the latest
state-of-play of WTO |
But discussions should only resume if industrialised nations "come to
the table not looking for what you can get but what you can give," said
Nath, who championed the cause of the world's subsistence farmers at the
Geneva talks.
"I can't negotiate attitude, I can't negotiate mindset," Nath told a
business seminar.WTO chief Pascal Lamy, who later met Premier Manmohan
Singh to sound out chances of reviving the talks, told the same audience
WTO members had appealed to him not to "throw in the towel" as agreement
had "never been so close."
"The good news is there may be still a possibility to move this
forward and conclude negotiations within the (earlier agreed) timeframe,
that is end-2008," said Lamy, who is on a two-day visit to India.
The WTO chief told reporters he would leave with a sense of "the
political will" in New Delhi to resume talks and he would conduct the
"same exercise" next week in Washington to gauge the political mood.
"I will play the role of a midwife if the negotiating parties want
delivery of the baby," he said.
The Doha Round, launched in 2001 in the Qatari capital, has
repeatedly missed deadlines set for its conclusion.
If the talks finally succeed, import tariffs worldwide could fall by
half, or 150 billion dollars annually, out of which developing countries
would get two-thirds of the benefits, Lamy said.
If no deal is reached, US farm-trade distorting subsidies could hit a
massive 48 billion dollars a year from a 14.5-billion-dollar cap
Washington had offered, he warned.
The latest negotiations were abandoned due to a row between India and
the US over a so-called special safeguard mechanism allowing nations to
impose a special tariff on agricultural goods if imports surge or prices
fall.
India and other developing countries wanted the mechanism to kick in
at a lower import surge level to protect their millions of poor farmers.
The US refused to accept Indian proposals that developing nations
should be allowed to boost duties by an additional 25 percent on farm
products if imports surged by 15 percent.
Washington insisted extra duties should be allowed only if imports
rose by 40 percent.
"By the time imports reach that level, my farmers would have
committed suicide," the Indian trade minister said.Lamy "has taken it
(the talks) to the last mile -- it is for everybody to run this last
mile," said Nath.
But "revival of the weakest" and "not survival of the fittest" must
be at the heart of the talks, Nath said, adding it was in developed
nations' interests to have "healthy" developing economies to give them
new markets.
Analysts say it is unlikely India's government will soften its tariff
stance much as 60 percent of its more than 1.1 billion people rely on
farming for a living and their support is vital at election time.
General elections must be held in India by May 2009 and the embattled
Congress-led government has already been wooing the rural vote
energetically.
-AFP |