India was opposed to high tariff limits proposed by US, EU. Japan and China supported India for opposing attempts to dilute the triggers in the Special Safeguard Mechanism (SSM) to check unforeseen rise in imports of farm goods.
India's concerns were to protect
a) Rising Imports of Farm goods which is harm indian farmers livelihood.
b) Protect nascent industries in India like the auto sector.
Kamal Nath is a seasoned politician and he could not compromise on agriculture given his party has to face National elections. So was the case with US WTO trade representative which made George Bush call Manmohan Singh three times to get India on his side. George Bush also has to leave the office with WTO as his successful accomplishments.
Thursday, July 31, 2008
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