Key Points
Negotiations at the World Trade Organization's (WTO) 13th ministerial conference are expected to be delayed by one more day as key issues, including farm and fish subsidies, remain unresolved..
Abu Dhabi: Negotiations at the 13th ministerial conference of the World Trade Organization (WTO) are expected to get delayed by one more day as key issues of Indias interests such as farm and fish subsidies remained unresolved despite members burning the midnight oil...
The meeting of the highest decision making body of the WTO, which were supposed to conclude on Thursday, entered the fifth day on Friday with key members including India, the US and EU holding talks to iron out differences on issues such as agriculture, fisheries subsidies, WTO reforms and duty moratorium on e-commerce trade..
Around nine WTO members including India, the US, China, South Africa and Brazil met WTO chief Ngozi Okonjo-Iweala, called Green Room meetings in trade parlance, till late last night to iron out the differences...
As a result, in order to give more time for negotiations, the Formal Closing Session of MC13 has now been postponed to 5pm UAE time Friday, 1 March, it said.. New Delhi has also asked developed countries engaged in distant water fishing to stop providing any kind of subsidies for 25 years, pressing for an end to the moratorium on imposing customs duties on e-commerce trade..
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