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Monday, September 03, 2001

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India remains critical of WTO process

MEXICO CITY, SEPT. 2. India, which has questioned the need for a new round of global trade talks, softened its stance after an informal meeting, but remained highly critical of the market- opening process.

The Union Minister for Commerce, Mr. Murasoli Maran, conceded some degree of progress was made at the informal World Trade Organisation (WTO) gathering in Mexico City and said, ``We had a better understanding of one another.''

Last week, the Prime Minister, Mr. Atal Behari Vajpayee, insisted the ``incomplete agenda'' of the previous round should be sorted out before a new round was launched. Mr. Maran appeared to ease off the position that could scuttle plans to launch a new round at the November meeting of the WTO in Doha.

- PTI

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