India needs to do more'' in WTO talks - US
WASHINGTON (Reuters) India, Brazil and other large developing countries need to step up'' in world trade talks and make the market-opening concessions needed to reach a deal, a top US official said today.
In our view, India can do more,'' US Commerce Secretary Carlos Gutierrez said in a speech to the US-India Business Council less than a week after a failed meeting between United States, India, Brazil and the European Union triggered a new crisis in the nearly six-year-old world trade talks.
Failing to conclude the Doha round would be a tragedy and a true shame,'' US Secretary of State Condoleezza Rice told the same group. I hope that working together we can make it possible to do so.'' India has already taken important steps to open its market, but there is much more that that it could do -- both on its own and as part of a WTO deal, Gutierrez said.
The only major country where American farmers can not export wheat to is India ... Ultimately, we believe Indian consumers pay the price. This year, the Indian government will pay tens of millions of dollars more because of these barriers to American wheat,'' Gutierrez said.
India Commerce Minister Kamal Nath, who was to speak to the same group later today, frequently cites India's 600 million subsistence farmers as a major reason why India can not offer substantial new agricultural market openings in the Doha round of world trade negotiations.
US officials say large developing countries need to provide some market openings, both in agriculture and the manufacturing sector, in order to create support in the US Congress for US farm subsidy cuts as part of a WTO deal.
We are willing to make difficult choices, but we have a shared responsibility to make the round a success and in our view, India can do more,'' Gutierrez said. Large developing countries like India and Brazil, we believe need to step up.'' The meeting last week in Potsdam, Germany failed because ''some WTO members continue to be unwilling to show needed flexibility for even a minimal amount of additional market access,'' Gutierrez said.
Nath was to meet privately with US Trade Representative Susan Schwab today. Schwab also was to give a speech to the US-India Business Council.
Reuters SRS VP0100


Click it and Unblock the Notifications