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No big hopes from WTO mini-ministerial
New Delhi, July 27: With a draft agenda failing to clear the air on contentious issues, including Singapore, Agriculture and TRIPS and Public Health, the prospects of breakthrough on some crucial issues at the mini ministerial of World Trade Organisation (WTO) beginning on Monday at Montreal appear very bleak.
With just four weeks remaining for the Ministerial conference at Cancun in Mexico, there was very little time for narrowing down extremely wide and contentious differences in agriculture, four heavily contexted Singapore issues: investment, competition, government procurement and trade facilitation, trade experts said.
"All the contentious issues have been kept open and it has no way made any attempt to clear the air," they said. By leaving the highly problematic Singapore issues open, the draft has put burden on majority of the developing nations including India which have been opposing negotiations.
TRIPS and Public Health and Special and Differential treatment, which are of major concerns for developing countries, too remain where they are and Implementation issues have virtually being sidelined in the draft.
Bureau Report