Bookmark Jamaica-Gleaner.com
Go-Jamaica Gleaner Classifieds Discover Jamaica Youth Link Jamaica
Business Directory Go Shopping inns of jamaica Local Communities

Home
Lead Stories
News
Business
Sport
Commentary
Letters
Entertainment
Arts &Leisure
Outlook
In Focus
Social
Auto
More News
The Star
Financial Gleaner
Overseas News
The Voice (UK)
Communities
Hospitality Jamaica
Google
Web
Jamaica- gleaner.com

Archives
1998 - Now (HTML)
1834 - Now (PDF)
Services
Find a Jamaican
Careers
Library
Power 106FM
Weather
Subscriptions
News by E-mail
Newsletter
Print Subscriptions
Interactive
Chat
Dating & Love
Free Email
Guestbook
ScreenSavers
Submit a Letter
WebCam
Weekly Poll
About Us
Advertising
Gleaner Company
Contact Us
Other News
Stabroek News



India's Nath gets hero's welcome
published: Sunday | August 3, 2008

To some, India's Commerce Minister Kamal Nath emerged this week as the chief spoiler of seven years of intricate World Trade Oranization (WTO) negotiations.

But to Indians, farmers and industrialists alike, he is if not quite a hero, then he is at least a source of national pride.

On Friday he was presented with a large bouquet of roses by the Federation of Indian Chambers of Commerce and Industry (FICCI), which says it represents over 250,000 businesses across the country.

Courageous discussion

"He did it; took the courage to stick it out," said FICCI Secretary General Amit Mitra, as flash bulbs popped and applause rippled around an auditorium packed with diplomats, Indian politicians, business leaders and journalists.

Sticking it out meant walking away Tuesday from a deal whose advocates say could have helped ensure that millions in the developing world share the wealth-creating benefits of freer trade.

WTO talks in Geneva foundered after India, China and the United States failed to agree on terms that would allow poor countries to boost tariffs to protect domestic farmers in the event of surging farm imports.

Nath insisted Friday that India nevertheless remains committed to free trade. India has struck bilateral deals with China and Pakistan during his tenure, the country has opened to more foreign direct investment, and imports from the United States and Europe have soared.

"India is engaging with the global economy as never before," Nath said.

That does not mean, however, that India is willing to cede control over its most sensitive sectors, including automobiles, auto components, textiles, and agriculture.

Nath, a short, forceful man who represents Chhindwara, a largely poor and rural district in central India's Madhya Pradesh state, maintains that India and other developing nations have far more to lose in the agricultural sector than the US and Europe do.

More Business



Print this Page

Letters to the Editor

Most Popular Stories






© Copyright 1997-2008 Gleaner Company Ltd.
Contact Us | Privacy Policy | Disclaimer | Letters to the Editor | Suggestions | Add our RSS feed
Home - Jamaica Gleaner