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WTO optimistic of solution as it reviews progress

WTO expressed optimism about its progress saying New Delhi has shown keenness in taking the stalled talks forward.

By: Press Trust of India | Mumbai | Published: September 15, 2014 1:38 am

Amid India’s tough posture over the food security issue, the World Trade Organization has expressed optimism of finding a solution as it reviews the progress of talks this week.

“We will be reviewing progress and looking at ways to advance this work starting from next week itself,” WTO Deputy Director General Yonov Frederick Agah said in an interview.

Stating that it was “unfortunate” that the WTO member countries were not able to arrive at a consensus by the July 30 deadline due to strong opposition from New Delhi, Agah expressed optimism about its progress saying New Delhi has shown keenness in taking the stalled talks forward.

“The signals from India are that they are keen to find a solution to this problem, and that is very good,” he said. “What is good is that it is not trade facilitation that is the main roadblock as there is support in India for this due to the economic benefits it will bring about,”
he added.     PTI

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