Developing countries like India and China were the potential market drivers of the global economy and anything that retarded their growth would have repercussions on the pace of growth and stability of the world economic system, Pant said. He was delivering an address at the Centre for Strategic and International Studies in Washington DC.
The demand for greater market access for agricultural products in the developed countries stemmed from the core development strategy of the developing economies of providing employment and eradicating poverty, he said.
