You are Here : Home / English News

Kerry presses India on global trade deal as deadline looms

Text Size  

Story Dated: Wednesday, July 30, 2014 05:02 hrs UTC

U.S. Secretary of State John Kerry, who arrived in India on Wednesday for an official visit, has pressed New Delhi to drop its opposition to global trade reforms, saying it was a test of the country's commitment to advance economic liberalisation.

Kerry made the call in a newspaper article, penned along with U.S. Commerce Secretary Penny Pritzker, published hours ahead of his arrival for talks aimed at revitalising ties that have been mired in disputes over trade, intellectual property rights and climate change.

India has threatened to block a worldwide reform of customs rules, saying it must be accompanied by a parallel agreement allowing developing countries more freedom to subsidise and stockpile food grains.

The deadline for the deal that the World Trade Organisation says could provide a trillion dollar stimulus to the global economy is Thursday.

Kerry said India stood to gain by creating a level playing field instead of erecting trade barriers.

    Comments

    നിങ്ങളുടെ അഭിപ്രായങ്ങൾ


    PLEASE NOTE : അവഹേളനപരവും വ്യക്തിപരമായ അധിഷേപങ്ങളും അശ്ലീല പദപ്രയോഗങ്ങളും ദയവായി ഒഴിവാക്കുക. അഭിപ്രായങ്ങള്‍ മലയാളത്തിലോ ഇംഗ്ലീഷിലോ എഴുതുക. അശ്ലീല അഭിപ്രായങ്ങള്‍ പോസ്റ്റ് ചെയ്യുന്നതല്ല.