US disappointed at India's stance at WTO: Envoy

Tags: News
India's refusal to ratify the trade facilitation agreement at WTO was disappointing, a US envoy to India said today.

"My country and all other countries in the WTO framework were disappointed as India made a changed stance in July last," said Stephens, Charge d'Affaires ad interim to India, at an informal interaction with reporters here.

She said had India agreed to the new global customs rules, then it could have been an enormous step for trade facilitation for smaller countries as well.

Taking a tough stance, India last month refused to sign the trade facilitation pact at WTO demanding a permanent solution to issues of food stock holding and subsidies.

"I hope India can play a pro-active role in the multilateral WTO forum not only for other nations, but also for its own interest as well", Stephens, who took over charge after the resignation of Ambassador Nancy Powell, said.

"We expected the protocol to go through, but for India, it did not," Stephens 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E-mail ID will not be published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.

EDITORIAL OF THE DAY

  • India’s festivals teach us to share our wealth and joy

    India is an aporia in its own true sense.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture