TT Epaper LHS
The Telegraph
TT Mobile
 
 
IN TODAY'S PAPER
WEEKLY FEATURES
CITY NEWSLINES
FEEDS
  RSS
  My Yahoo!
ARCHIVES
Since 1st March, 1999
 
THE TELEGRAPH
 
CIMA Gallary
 
Email This Page
EU offer on market reach inadequate

New Delhi, March 4: India today said the European Union's offer on non-agricultural market access was inadequate and called for an equitable tariff reduction formula keeping in view the concerns of the developing countries, an official statement said.

At the WTO mini-ministerial meet in Kenya, Commerce minister Kamal Nath is reported to have said the EU's proposal for the Swiss-type formula was not adequate and required a lot of fine-tuning.

He also made a strong pitch made a strong pitch for liberalisation of movement of natural persons under Mode 4 in the services sector.

The Swiss formula involves a huge reduction in the high tariffs that developing countries have imposed to protect the sensitive sectors of their economy.

Top
Email This Page