India Inc.'S Wish List ; the Next Wto Talks Will Be Crucial for Indian Industry.

Summary


It's a wish list that India Inc. will give an arm and a leg to see fulfilled. It's also a wish list that will involve hard negotiations, backroom deals and, probably, some arm-twisting. Indian industry wants easier access for its goods, services and personnel into developed markets. The platform: the WTO (World Trade Organization) Ministerial Negotiations in Hong Kong this December.

Agriculture remains the biggest stumbling block in the talks between the developed and developing countries. India wants access for its farm products and cuts in subsidies that the West gives its farmers. But progress on the talks is slow.

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India Inc.'S Wish List ; the Next Wto Talks Will Be Crucial for Indian Industry.

The services sector is praying hard for some commitment from the developed world on Mode IV, which allows professionals to move freely across countries, unfettered by things like H1B visas. "Professionals wanting to travel abroad for work need to be treated differently from general immigration," says Sunil M...

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