Disappointed with India's blocking WTO trade deal: US

Tags: News
The US is "very disappointed" with India's stand at the ongoing Trade Facilitation Agreement talks at the WTO but Washington continues to be optimistic about salvaging the deal within tomorrow's deadline, a top Obama administration official said here today.

"We are very disappointed that India has taken a step back from its agreements that it made in December (last) at the WTO," visiting US Commerce Secretary Penny Pritzker told PTI during an interaction here.

The comments come in wake of New Delhi's tough stand which has put a question mark on the passage of the TFA at the ongoing Geneva talks aimed at easing customs rules in the WTO's 160 member countries.

India is seeking a guarantee on food security for its hundreds of millions of poor as a pre-condition for the passage of the pact.

The agreement, drafted during a ministerial at the Indonesian resort town of Bali last December, has to be sealed by July 31.

"I am an optimist, I am hopeful that over the next couple of days there is some potential for resolution... I'm hopeful that even in the last remaining days India might find a way to come to a solution on this issue," Pritzker said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • India would have done well not to supress the 'Bofors interview'

    Bofors is one case that refuses to go away two-and-half decades after it grabbed public attention and became a byword for political corruption, claimi

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Amita Sharma

The rabbit hole of outcome budgets

Would you tell me, please, which way I ought to ...

Zehra Naqvi

Dignity of labour is dignity of life

M Rafi Khan, a retired police IG, used to ...

Gautam Gupta

Retailers have it tough, thanks to e-commerce

For the past few months our focus has been on ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture