Doha Round may conclude in 2014: Rahul Khullar

WTO has to reinvent itself in changed scenario to survive: Commerce secretary

trithesh

Trithesh Nandan | December 20, 2011



Some people believe that the Doha Round of trade talks under the World Trade Organisation (WTO) will be successfully concluded next year but commerce secretary Rahul Khullar thinks it will go on till 2014.

“It will be neither 2012 nor 2013 but might be 2014 for successful negotiations for the Doha Round,” Khullar told a Ficci seminar on trade talks.

Year 2012 is ruled out because of the US presidential election and 2013 is out of question because the US will have a new administration, either Democrat or Republican, and then negotiations would start afresh, he said. “If by the end of 2013, there is a deal on Doha Round, you are damn lucky,” said the commerce secretary.

He blamed the developed countries for spoiling whatever little chance there was for negotiations this year. “Until the economic trouble the world is facing abates, there is no hope of seeing any rosier picture,” Khullar pointed out.

He, however, suggested that multilateralism has to survive because Doha round is ‘stuck’. “If WTO has to survive in new circumstances or changed scenario it has to reinvent itself and by taking some of its jobs.”

The WTO ended its crucial biennial ministerial conference without making any headway on the way forward for the Doha Round of talks last week.

The Doha Round was launched in 2001 with the opening up the world market and helping poorer countries benefit from global trade. The talks have been regularly suspended for the past 10 years because the developing and developed countries have been unable to agree on a set of rules for the tariffs on agricultural sector, industrial goods and services.

Comments

 

Other News

The Sardar biography that throws light on our times

Patel: A Life By Rajmohan Gandhi Aleph Books, 568 pages, Rs 1,199   There are many biographi

Climate change, El Niño rewrite Indian monsoon

The month of July exceeded its rainfall target despite forecasts of a below-normal month under a strengthening El Niño. The reason could be that climate change is amplifying monsoon complexity: West Pacific warming, Western Disturbances and evolving ocean conditions increasingly interact with El Ni&

Mumbai has just 1.28 sq.m. of open space per person: Study

Mumbai`s public space crisis is as much about mismanagement as it is about scarcity, and offers a governance roadmap that can be implemented without new legislation, according to a new report by the Urban Design Research Institute (UDRI) and the NGO Alliance for Governance and Renewal (NAGAR).  

Lok Sabha passes amendment bill to improve public examination system

The Lok Sabha on Wednesday passed the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 by a voice vote after an extensive discussion. Replying to the debate, minister of state (independent charge) for science & technology; earth sciences and MoS in the PMO, Dr. Jite

Shri Abhijit Phukon (IES, 2004) appointed as Joint Secretary, Department of Agriculture & Farmers Welfare.

 Shri Abhijit Phukon (IES: 2004) has been appointed as Joint Secretary, Department of Agriculture & Farmers Welfare, Government of India. His appointment, approved by the

Shri Avanish Kumar Mishra (ISS, 2000) appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances.

 Shri Avanish Kumar Mishra (ISS: 2000) has been appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances (DARPG), Government of India. The appointment, approved by the Appointments

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter