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Shri Nath addresses General Debate of the UNCTAD XII Ministerial Conference
23
Apr '08
Shri Kamal Nath, Union Minister of Commerce and Industry, has said that India is willing to strengthen trade and investment linkages with its trading partners through its knowledge advantage, its pool of skilled resources, its young population, its potential of being a manufacturing hub and a base for high-end R&D.

India's regional and inter-regional trading agreements, partnerships and economic ties with other countries of the South also form an important element in India's development diplomacy.

This he said while addressing General Debate of the UNCTAD XII Ministerial Conference at Accra (Ghana). “To further promote the South-South trade, we are committed to work towards exploring the full potential of the GSTP.

We are looking forward for a successful conclusion of the third round of negotiations which takes into account the views of all its members”, the Minister added.

The Conference was also attended by Shri G.K. Pillai, Commerce Secretary; senior officials from the Ministry of Commerce & Industry, External Affairs and Ambassador & Permanent Representative to World Trade Organisation/PMI-Geneva.

Shri Kamal Nath said that India is fully supportive of having a focus on Africa which provides all of us with an opportunity to highlight our contributions to the development of the continent and our partnership with Africa for mutual benefit.

“We would be willing to work on developing present as well as future corpus of projects/activities with Africa, not only with individual countries, also with regional African Organisations as well”, he stressed.


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