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India feels let down by WTO proposals

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Press Trust of India New Delhi

Likewise, India's plea for greater flexibility for protecting its industries, including small and medium units, has not found much favour in the draft proposals for duty cuts on manufactured goods, official sources said.     

"The American pressure seems to have played a role on the revised proposals," an official said. Pressure seems to be mounting on bigger developing countries, like India, China, Brazil and South Africa to "yield their market" while the developed countries do not appear prepared for sacrifice, he said.     

 

The Doha negotiations, launched in 2001, for a market opening multilateral trade agreement have remained inconclusive amid differences between developed and developing countries. The talks were mandated to be concluded by end of 2004.

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First Published: May 20 2008 | 1:05 PM IST

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