145;Multilateral talks key for developing nations146;

Multilateral negotiations and not bilateral ones hold the key for developing nations to get their view across in the WTO. This was stated by Luis Fernando Jaramillo, President of South Centre, an intergovernmental organisation of 46 developing countries.

Calling for enforcing the G77, Jaramillo came down heavily on the issue of high farm subsidies offered by developed nations. Jaramillo said developed nations maintain double standards on duty structures. These issues can only be tackled by multilateral negotiations by developing nations, he said.

Although the 21st century will see a tripod between China, India and the US, Jaramillo said one cannot draw comparisons between the economic models being pursued in China and India.