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India to raise its concern on WTO issue at G-20 in Sydney

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Press Trust of India New Delhi
Last Updated : Jul 17 2014 | 9:00 PM IST
India is expected to raise its concerns over the slow progress on WTO's Bali agreement at the G-20 meeting of trade ministers in Sydney on Saturday.
Commerce and Industry Minister Nirmala Sitharaman, who will be attending the meeting, would state India's position with regard to implementation of the food security issues and other concerns of the developing nations in the meeting, sources said.
Disappointed over slow progress in finding a permanent solution to the food security issue, India has made it clear that it would be difficult for the country to agree on trade facilitation pact, mainly promoted by the developed world.
Sources said that Sitharaman is also expected to held bilateral meetings with WTO Director General Roberto Azevedo, US Trade Representative Michael Froman and EU Trade Commissioner Karl De Gucht on the sidelines of G-2- meeting.
"The leaders are likely to discuss the WTO issues and progress in the Bali package agreed," the source added.
The G20 membership comprises a mix of the world's largest advanced and emerging economies, representing about two-thirds of the world's population, 85 per cent of global gross domestic product and over 75 per cent of global trade.
The members of the G20 are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union.

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First Published: Jul 17 2014 | 9:00 PM IST

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