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India set to unveil its farm trade agenda for WTO

P Vaidyanathan Iyer & Sidhartha  |  New Delhi 

Official sources told Business Standard that the contours of the proposal were almost ready and the strategy was expected to be finalised by late tonight. The development comes just a week after the US-EU joint proposal on agriculture. The Permanent Mission of India in Geneva was actively engaged in consultations with other key players in the agricultural arena. SN Menon, additional secretary in the commerce ministry, joined the delegation earlier this week to thrash out a package. Meanwhile, a group of ministers (GoM) headed by Finance Minister Jaswant Singh today proposed that India should press for greater market access and reduction of subsidies by developed countries. India would also push for special safeguard measures for third world countries and lower duty reduction commitments on special products. While the broad parameters for negotiations would be firmed up by the Cabinet committee on WTO, based on the GoM recommendations, the nitty-gritties of India

First Published: Wed, August 20 2003. 00:00 IST