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WTO Hong Kong Ministerial Gains & Losses for India

WTO Hong Kong Ministerial Gains & Losses for India. Pradeep S. Mehta CUTS International Jaipur, India E-mail: psm@cuts.org sg-cuts@cuts.org. Key Issues. Agriculture Non-agricultural Market Access Services Trade Facilitation LDCs Specific Issues. Agriculture: Key Concerns.

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WTO Hong Kong Ministerial Gains & Losses for India

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  1. WTO Hong Kong MinisterialGains & Losses for India Pradeep S. Mehta CUTS International Jaipur, India E-mail: psm@cuts.org sg-cuts@cuts.org

  2. Key Issues • Agriculture • Non-agricultural Market Access • Services • Trade Facilitation • LDCs Specific Issues

  3. Agriculture: Key Concerns • More than 600 million people depend on farming for livelihood. • A vast majority of farmers are small and marginal, hence they are poor. • Not a major farm exporter. Therefore, lacks offensive interest. • Fears trade liberalisation impact negatively on poor farmers.

  4. Agriculture: Market Access Market Access

  5. Agriculture: Domestic Support

  6. Agriculture: Export Competition

  7. Non-agricultural Market Access

  8. Services

  9. Least Developed Countries

  10. Conclusions • Ministerial Declaration adopted – in itself a success • Overall a balanced outcome for India • Ticklish issues of modalities and formulas for tariff cuts deferred for future • Poor progress on services trade liberalisation • No substantial gains for LDCs

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