Interviews
India to go ahead with FDI in multi-brand retail: Minister
27 Jul '12
4 min read
Earlier, Shri Sharma, speaking on the issue of FDI in retail, said: “It will be our political decision when to notify it ... We can`t wait for unanimity, or we will wait forever. We have taken a decision, we are committed to it. We are trying to build a consensus until which it has been held in abeyance. It will be a political call.”
Speaking during a session on Global Trade Partnerships at The Global Investment Conference, where Dr. Cable and Dr. Olusegun Aganga, Minister of Trade and Investment, Nigeria were present, Shri Sharma also said that India is “going in for diversification, intensifying our engagement with Africa, when you look at both the trade and investments, value addition, job creation.
That’s what the Indian industry and investments are doing.” He also urged that “we should be looking at trade facilitation at the WTO, but also a comprehensive LDC package to begin with, but not dilute our commitment, to conclude this as a single undertaking both agriculture, NAMA and services.”
Ministry of Commerce & Industry
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