Interviews
Shri Nath inaugurates 77th Annual General Meeting of ICC
12 Mar '08
3 min read
While commending the role of ICC, the Minister stated that ICC promotes an open international trade and investment system and the market economy.
He further stated that the high growth of Indian exports during the recent years has been possible due to concerted efforts made by the government to reduce trade barriers, bring down transaction costs and facilitate trade accompanied by a favourable international environment.
The Minister was quoting the World Bank publication “Doing Business 2008”, that India has been rated as the top reformer in the Trading Across Borders in 2006-07.
Shri Kamal Nath emphasized that the agenda for world trade negotiations need to be more receptive to the needs and sensibilities of the developing countries and LDCs, and added that agriculture should remain at the heart of the negotiations since the livelihood concerns of more than a billion resource poor farmers depend on it.
He further added that a delicate balance between the defensive agenda on agriculture and the relatively offensive agenda on Services and NAMA.
He further stated that the high growth of Indian exports during the recent years has been possible due to concerted efforts made by the government to reduce trade barriers, bring down transaction costs and facilitate trade accompanied by a favourable international environment.
The Minister was quoting the World Bank publication “Doing Business 2008”, that India has been rated as the top reformer in the Trading Across Borders in 2006-07.
Shri Kamal Nath emphasized that the agenda for world trade negotiations need to be more receptive to the needs and sensibilities of the developing countries and LDCs, and added that agriculture should remain at the heart of the negotiations since the livelihood concerns of more than a billion resource poor farmers depend on it.
He further added that a delicate balance between the defensive agenda on agriculture and the relatively offensive agenda on Services and NAMA.
Press Information Bureau Government of India
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