Key Points
Negotiations on fish and farm subsidies at the World Trade Organization (WTO) remained stuck on the third day of 13th Ministerial Conference (MC13) with countries sticking to their respective positions...
Developed countries are not yielding to the "legitimate" demands of developing nations, officials said, adding that an outcome on the ministerial is expected to be delayed to Saturday instead of Friday...
The European Union and the United States also blocked pro-development agenda in the draft Abu Dhabi package such as India's proposal, backed by many countries, to lower the cost of cross-border remittances, and a paragraph on debt on "trade-related approach" to mitigate challenges on increasing levels of debt and global financial crises...
Officials said the developed countries have not delivered on discussing the scope and definition of e-commerce as promised but want to extend the 26-year old moratorium on e-commerce transmissions again..
India on Wednesday said the developed nations in the WTO have made many promises on issues pertaining to development but "very" little action happens on those matters...
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