Cancun: India has reacted strongly to the Draft
Cancun Ministerial Text as it has "bypassed the country''s
concerns on a range of issues like agriculture and Singapore
issues such as investment and competition and non-agricultural
and Industry Minister Arun Jaitley said: "In agriculture,
not only are the distortions prevalent today being perpetuated,
but a slew of new measures to increase such distortions
are being proposed."
also said the heightened ambition on market access, which
ironically provides for special and differential treatment
in favour of developed countries, is "utterly incomprehensible
and extremely insensitive to the large number of people
living in poverty in the developing countries. The revised
text has arbitrarily disregarded the views and concerns
expressed by us."
seven-page draft with five annexes allows developed countries
to maintain or even increase domestic support and avoid
eliminating export subsidies and credits, while imposing
even stiffer cuts on developing countries and providing
less S&D treatment to them.
domestic support, developed countries will be able to
retain their high subsidies and raise them as the blue
box category continues to be maintained, while there is
no assurance that the green box will be adequately disciplined.
market access, the blended formula for developed countries,
originally sought by the EU-US, remains which enables
them to place their high-tariff items in a category for
lower tariff cuts and thus avert removing tariff peaks
which thwart developing country export products.