The government on Thursday rejected a joint proposal by the United States and the European Union in the World Trade Organisation for farm trade reforms and alternative formula for tariff cuts on non-farm products.
"The suggestions of the US and the EU are not at all acceptable to us and our trade ambassador in Geneva K M Chandrasekhar will clarify our position on all these issues," Commerce and Industry Minister Arun Jaitley told reporters.
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Trade experts said an agreement between the US and the EU on key areas could harm India's interests since developed countries would now push for greater market access through higher tariff cuts without reduction in agricultural subsidies.
India wants reduction and eventual elimination of trade-distorting subsidies, besides seeking special treatment for several export products.
