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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 MinisterialGains & 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 • 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.
Agriculture: Market Access Market Access
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