ID :
93163
Fri, 12/04/2009 - 15:50
Auther :
Shortlink :
https://www.oananews.org//node/93163
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WTO-SHARMA 2 LST
While addressing the working session of the ministerial,
Sharma said India and its coalition partners were steadfast
and united in their commitment to safeguard livelihoods,
particularly of the poor, subsistence farmers.
Referring to the collapse of trade finance from
September 2008 following the global downturn, he underlined
the need for rebalancing capital and investment flows, and a
freer mobility of labour.
Sharma also addressed a Ministerial Session of the
Negotiating Committee of the Global System of Trade
Preferences (GSTP), which adopted the Draft Ministerial
Decision on Modalities for the Third Round of Global System of
Trade Preferences negotiations.
"India attaches a great deal of importance to the GSTP
process for optimising South-South synergies and expanding
trade among developing countries," he said.
India exchanged tariff concessions with 14 countries in
the first GSTP Round in 1989.
Sharma also met his counterparts from Argentina, Malaysia
and Australia, during which a range of issues, including the
Doha Round, were discussed. PTI NKD
ANU
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