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NEW DELHI, Dec 1 Asia Pulse - Ahead of the WTO General Council, India on Saturday warned that ignorance of developmental concerns of poorer countries could lead to disastrous consequences of future discussions on the international trading regime.
"We have to recognise that unless the developmental concerns of the poorer countries of the world are taken into account, popular support for economic liberalisation will collapse in the developing countries. This could have disastrous consequences for our future discussions on the international trading regime," Indian Prime Minister Atal Bihari Vajpayee said at the India-EU Business summit here.
Emphasising that right conclusion should be drawn from the outcome of the Cancun WTO Ministerial, Vajpayee said it was important not to upset the carefully-balanced agenda of interests that ...
Source: HighBeam Research, INDIA SAYS IGNORING THIRD WORLD CONCERNS COULD BE DISASTROUS.