US shows no leniency on farm subsidies

New Delhi, Nov 27 | Updated: Nov 28 2006, 09:00am hrs
The US on Monday said it would not offer any unilateral compromise, including farm sunsidies, to resume the WTOs stalled Doha round of trade negotiations.

The talks are deadlocked over developed countries like the US not bringing down their huge farm subsidies. Speaking on the sidelines of CII-WEF India Economic Summit, US deputy trade representative Karan Bhatia said, We are prepared to engage with anyone and everyone on topics like domestic support or on any other subject in the Doha round to resolve problems. But there is no basis for expectations that somehow the US would come forward with a new unilateral offer without seeing any other movement by anybody else.

He said the US understood Indias concerns and was hopeful of talks coming to a successful conclusion in the next Doha round. Bhatia said the US had no intentions of taking advantage of Indian farmers, but added that, we have to look at the future of the Indian economy also.

The Doha round started in the Qatari capital in 2001, but broke down in July, following major differences between the developed and developing countries over farm subsidies and tariffs.