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E-mail ID will not be published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

  • Sanskrit does not compare with German in the job market

    While there can be no argument that the importance of Sanskrit as an all-India language needs to be emphasised, particularly for the young generation

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

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Purnendu Ghosh

Why we must know the rules of the game

We like to believe that people are good and we ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture