Indian Minister of Commerce calls for Doha talks to address trade inequalities
Making a strong pitch for development, Mr. Kamal Nath, Minister of Commerce and Industry, has said that the Doha Round of multilateral trade negotiations should not perpetuate the inequalities of global trade.
In his address at the Plenary Session of the 6th Ministerial Conference of the World Trade Organisation (WTO) in Hong Kong, he said, The ambition of developed countries cannot and must not trample on the aspirations of four-fifths of humanity. In the name of completion, if the content of this round only perpetuates the inequities of global trade, then it will be no round. To redeem the pledge we made at
He said that the
On industrial tariffs or non-agricultural market access (NAMA), Mr. Nath reiterated that market access was not about tariffs alone, as non-tariff barriers such as abuse of both anti-dumping and technical standards hindered market access for developing countries. If we are to pursue the so-called ‘real’ market access in the NAMA negotiations, the boot is surely on the other foot…. It is no use having zero duty levels of aeroplanes, while maintaining a 30% duty on leather handbags!” he said while flagging trade barriers by India’s traditional industries as textiles, clothing, leather products, footwear and a range of other medium technology products, involving livelihood of hundreds of millions of industrial workers of small and medium enterprises in developing countries.