Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Conclusion of Doha talks needs tough political will: Australia
BS Reporter / New Delhi Sep 03, 2009, 01:09 IST

On the eve of the informal World Trade Organization (WTO) ministerial meeting beginning tomorrow in Delhi, Australia has said that the successful completion of the Doha round of trade negotiations will require member countries to take tough political decisions.

“Clearly, the conclusion of this round is going to require some tough political decisions,” said Australian trade minister Simon Crean. Australia is one of the invitees to the two-day meet in Delhi.

India’s commerce ministry has clarified that the meeting, in which members from 36 countries are participating, is not aimed at any specific agenda and that it only tries to build the consensus on how global trade ministers would like to see the process of negotiation getting fast-tracked. “This meeting is important for two reasons — it is a reinforcement of India’s re-engagement in the process and it is a meeting which has the nearest proximity to the G-20 summit,” Crean said.

Crean added that the Doha Round of talks is close to being concluded with almost 80 per cent of trade discussions completed last year.

“Only the rest 20 per cent remains elusive. Significantly, we have seen the emergence of commitment by two significant players — India and the US,” he said. “At the technical level, we are very close to solution, in many areas. But technical solutions are not enough unless the political will is there.”

Emphasising upon the need to broad-base the ambit of negotiations, Crean said that talks on issues other than Agriculture and Non-Agricultural Market Access should gain equal priorities.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
Tags : WTO | Simon Crean |
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Pak players likely to be part of IPL 2013
- Air India pilots wanted a halt to command training of IA pilots
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us