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Online edition of India's National Newspaper Tuesday, August 21, 2001 |
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India has open mind on trade issues: PM
By Our Special Correspondent
NEW DELHI, AUG. 20. The Prime Minister, Mr. A. B. Vajpayee, today
stressed that India was prepared to engage ``constructively and
with an open mind'' with developed countries on all issues
relating to global trade. Speaking with reference to the
forthcoming Ministerial Conference of the World Trade
Organisation (WTO) at Doha, he sought to put the country's stance
on launching a new round of trade negotiations in the perspective
of concerns raised by developing countries.
Apparently seeking to dispel the impression that India has taken
a rigid stand on the new trade round, he said the ``unmet
promises and unfulfilled obligations of the developed nations
made in the Uruguay Round have cast the legitimate concerns of
developing nations into a sharper focus in the run up to the Doha
Ministerial Conference.'' He felt that the principle of
affirmative action justified and demanded reasonable protection
for the developing countries and assistance for the least
developed countries.
Mr. Vajpayee clarified that this was the rationale for India's
insistence that the incomplete agenda of the Uruguay Round should
be first completed before starting any new round of trade
negotiations. In an obvious reference to suggestions that India
may find itself isolated at Doha, he noted that India's position
was shared by many developing countries.
Mr. Vajpayee, while agreeing to ``engage constructively'' on
trade issues, emphasised that India remained opposed to the
inclusion of non-trade issues such as labour and environmental
standards which might furnish scope for misuse as non-tariff
barriers.
He said India faced unfair tariff and non-tariff barriers in
steel, textiles, clothing and leather products.
Mr. Vajpayee was speaking at the inauguration of an international
conference on ``concerns of developing nations in the WTO
regime'' organised by the Institute of Chartered Accountants of
India in collaboration with the U.N. Conference on Trade and
Development (UNCTAD), and the Commerce and Industry Ministry.
He sought to highlight the way in which advances in science and
technology could affordably meet the basic needs of the poor and
the deprived. He referred specially to two concerns in the
intellectual property rights regime. First, he felt there should
be no misappropriation of the biological and genetic resources
and traditional knowledge of the developing countries. It was
thus necessary to mandate that patent applications revealed the
country of origin of such resources and traditional knowledge
used in the product or process for which the patent was sought. A
letter of informed consent should also be furnished from their
legitimate custodians.
Second, he said developing countries had a duty to ensure
availability and affordability of the latest medicines for life-
threatening diseases. The TRIPs agreement should enable every
member country to take a broad range of measures for protecting
and promoting healthcare.
On agriculture, he pointed out that the Uruguay Round did not
bring about trade liberalisation in this sector to any
appreciable extent. There were no significant reductions in
domestic support or export subsidies by the developed world. As
for the Agreement on Agriculture, he noted that it has had
limited success in opening markets of the developed world to the
South.
Earlier, the Law, Justice and Company Affairs Minister, Mr. Arun
Jaitley, said the country had to prepare itself for the art of
negotiations and drafting of agreements and new legislation in
the new world economic order.
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