NEW DELHI, August 13, 2008 (AFP) – India urged developed nations to return to the negotiating table to hammer out a new global trade deal — but only if they are willing to give and not just look for what they can get. The latest round of World Trade Organisation (WTO) talks, which saw emerging powers such as India, China and Brazil take centre-stage, fell apart in July in a potentially devastating blow to millions of the world’s poor.
Indian Trade Minister Kamal Nath said on Tuesday “we must seize the moment, we must not let it pass” to reach agreement in the talks, billed as the “development round.”
But discussions should only resume if industrialised nations “come to the table not looking for what you can get but what you can give,” said Nath, who championed the cause of the world’s subsistence farmers at the Geneva talks.
“I can’t negotiate attitude, I can’t negotiate mindset,” Nath told a business seminar.
WTO chief Pascal Lamy, who later met Premier Manmohan Singh to sound out chances of reviving the talks, told the same audience WTO members had appealed to him not to “throw in the towel” as agreement had “never been so close.”
“The good news is there may be still a possibility to m