The new director general of the World Trade Organization Roberto Azevedo is rushing from capital to capital to build some consensus before the ministerial talks in Bali in December. On Monday, he will stop over at Delhi to hold parlays with commerce and industry minister Anand Sharma.
ET reviews the situation ahead of the Bali ministerial...
What will Anand Sharma Tell Roberto Azevedo
- India is not standing in the way of the trade facilitation agreement but only seeking balance in the pact.
- G-33 countries' food security proposal and the package for the LDCs are equally important to harvest the multilateral agreement in Bali.
- Anand Sharma will also push for a binding agreement on customs cooperation within the TF pact.
- Developed countries should provide financial and technical assistance to the developing countries for TF commitments.