There was near total convergence between India and the European Union on the contentious
Doha round of global trade negotiations, talks, commerce minister Kamal Nath said.
is great convergence between India and EU. We have almost total convergence. I
believe convergence can be found on industrial products in the next two months,"
Nath told a business conference organised for visiting German Chancellor Angela
round of trade negotiations is near closure but this is dependent on addressing
the sensitivities of the various stakeholders,
are closer than ever before to closing the round," he said earlier, while
addressing a session on `New Partners, New Alliances: India and Global Commerce''
at the Fortune Global forum.
are in the last mile. If we can win this, we are there," the minister maintained.
"At the same time, we have to address sensitivities. If America has its sensitivities
relating to agriculture, so do African nations that have only one crop,"
said India''s main concern was on the issue of agriculture and unless its sensitivities
were taken on board, it would not be able to exercise flexibility in other areas.
Fortune Global Forum, which brings together the world''s top industry leaders,
is being held in India for the first time.