Sunday, September 30, 2007
Search Site:
Home | About Us | Contact Us | Archives | Feedback | Career Avenues
News
National
State
District
City
Business
Foreign
Sports
Comments
Edit Page
Panorama
Net Mail
Your Take
Infoline
In City Today
HelpLine
Daily Almanac
Festivals of India
Weather
Leisure
Crossword
Horoscope
Year 2007
Weekly
Daily Astrospeak
Calendar 2007
Pearls of Wisdom
"Inspiration and genius - one and the same."
- Victor Hugo
Supplements
Economy & Business
Metro Life - Mon
DH Avenues
Cyber Space
Metro Life - Thurs
DH Education
ENGLISH FOR YOU
Metro Life - Fri
Open Sesame
Metro Life - Sat
Living
DH Realty
Fine Art / Culture
Articulations
Entertainment
Science & Technology
Spectrum
Sportscene
She
Sunday Herald
Hi Life
Reviews
Book Reviews
Movie Reviews
Art Reviews
Columns
Kuldip Nayar
Khushwant Singh
N J Nanporia
Tavleen Singh
Swami Sukhabodhananda
Bittu Sehgal
Suresh Menon
Shreekumar Varma
Movie Guide
Ad Links
Deccan
International School
Real Estate Properties in Bangalore
Deccan Herald
Now Available
Globally
in Print Format
Others
About Us
Subscription

Send your Suggestions / Queries about the Website to the
Webmaster


To send letters to Editor :
Letters to Editor

You are welcome to post your letters/responses to NETMAIL here.

For enquiries on advertisements :
Contact Us

Deccan Herald » Business » Detailed Story
TRADE / Talks mean give and take, not take and take
We will not brook any inequity, India tells US
From D Ravi Kanth,DH News Service,Geneva:
India issued a stern warning, on Friday, to its trading partners, especially the United States, at the World Trade Organization that the take and take approach adopted by them in liberalising global trade in services will not be tolerated.

 At a special meeting of the Doha negotiating session on how to liberalise global trade in services, the Indian trade envoy Ambassador Ujal Singh Bhatia said in unmistakable terms that New Dehli has failed to secure any genuine response to its demands in Mode 1 relating to cross-border services and outsourcing and Mode 4 concerning the movement of short-term services providers on non-immigration basis.  “This is a negotiation and it involves ‘give and take’ not ‘take and take’”, he told members pointing that without clear signals in these two areas, India will not be able to join the consensus in other areas.

Ambitious outcome
 “For some of us at least, the lack of ambitious outcome in services, would seriously, perhaps fatally, impact the prospects of an early conclusion of the Round,” he told the meeting.  Ambassador Bhatia said India has “defensive” concerns in agriculture while it has liberalised a great deal in opening its market for industrials. The only area where India can secure some concrete gains is in the arena of Doha services, he added, pointing an accusing finger that so far there is no response from the major trading partners.

Clear imbalance
On Wednesday, the United States categorically told India that it will not provide any access on Mode 1 and Mode 4 because it has no mandate from its Congress to negotiate on this issue. The US was not even prepared to talk on some minimal issues in both these modes during the plurilateral meeting, trade diplomats said.

 India’s ambassador said “there is a clear imbalance in the responses” adding “by and large, developing countries have been more forthcoming in their responses to plurilateral requests, than developed members.”
“On the issues of most concern to us (India), Mode 4 and cross border supply, the responses have been specially disappointing,” he maintained. India is also unhappy that Washington is not prepared to provide access to Indian banks which want to expand their operations within the United States. When Indian raised the issue of difficulties faced by the Indian banks in the US, an American  services negotiator told the meting  “all banks are not equal,” trade diplomats said.

comment on this article
Other Headlines
We will not brook any inequity, India tells US
Sebi cracks compliance rule whip on top 20 cos
Google buys the start up Zingku
US Justice bats for Microsoft as States seek their pound of flesh
Merrill Lynch & Citi pick stake in commodity bourse
NYSE Euronext CEO inducted on NSE board
Ad Links
Flowers to India , Gifts to India
Flowers to Gwalior , Gurgaon , Jalandhar, Kochi, Jaipur, Nagpur, Coimbatore
Gifts to India, Flowers to India, Gifts to India, Bangalore, Gifts to India, Mumbai, Delhi, Rakhi
Gifts to India , Flowers to Bangalore India
NRI Account Easy remittance
India Flowers - Dehradun Hyderabad Kolkata Gurgaon Punjab
Flowers to Bangalore, Chennai, Hyderabad, Delhi, Mumbai, Pune Kolkata.
Send Flowers, Cakes, Chocolate, Fruits to Pune.
Flowers to India , France , Japan, Germany, Hong Kong, Singapore, Mexico, USA
Flowers to India , Mumbai , Pune, Delhi, Chennai,
Your Life Partner? Get personalized proposals daily. Thousands of New members with Photo Profiles. Profession,Religion, Community searches & more. Register FREE!
Copyright 2007, The Printers (Mysore) Private Ltd., 75, M.G. Road, Post Box No 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
click here