US wants India to help break WTO deadlock

Posted: Wednesday, Feb 14, 2007 at 0100 hrs IST
Updated: Wednesday, Feb 14, 2007 at 0100 hrs IST

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New Delhi, Feb 13: The US defended its new Farm Bill 2007 for providing more direct support to its farmers and asked India to work towards breaking the deadlock in WTO negotiations for fulfillment of the Doha Development Round The US Farm Bill 2007 has increased direct payments to farmers by 10% over a period of five years to $ 5.5 billion. It has also extended support to horticulture crops in the garb of ‘specialty crops’ and diverted a huge chunk of subsidies to Green Box. US commerce secretary Carlos M Gutierrez speaking to FE said: “These are our domestic measures. It should not come in the way of breaking the WTO deadlock”.

• The Bill has increased direct payments to farmers by 10% over 5 years to $ 5.5 billion
• It has also extended support to horticulture crops in the garb of ‘specialty crops’

Refusing to elaborate on farm subsidies of developed countries distorting global trade, Gutierrez insisted that opening up of markets can ensure expansion of trade leading to creation of more jobs and poverty alleviation.

“In US we have created an export culture throughout the country. We, too, are working for opening up of global markets and ensure access to our markets and choices to our consumers,” he said and added “India is a leader of the developing world...

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US wants India to help break WTO deadlock

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