Home » Business » WTO: Long day ahead for negotiators to prevent talks collapse
Commerce and Industry Minister Anand Sharma was scheduled to return today ‘but he is not going,’ sources said, adding, "the last ditch effort to reach on a consensus is expected to go on till late".
When asked about the possibility of talks getting extended for another day, World Trade Organization spokesperson Keith Rockwell said: "The concept of time is flexible in WTO.
“I think it will be a long day".
At a late night meeting on Thursday, WTO Director General Roberto Azevedo called an urgent meeting of the trade ministers of the US, India and Indonesia to end the impasse and clinch a deal on the 12-year-old Doha round.
During the meeting, which was attended by Sharma, US Trade Representative Michael Froman and Indonesian Trade Minister Gita Wirjawan, the US offered few options to India, which sources said, were not acceptable to New Delhi.
The talks to resolve the issue between the US and India are expected to continue today and also new proposals are likely to be made.
Sharma, however, had been stressing
India steals the show at Bali WTO meet
No agreement better than a bad one: Sharma on WTO
India refuses to budge on food security issue at WTO
WTO ministerial conference begins amid uncertainty
Food security should not distort global agri market: EU