Published on Tue, Jul 22, 2008 at 17:20 | Source : Moneycontrol.com
Updated at Tue, Jul 22, 2008 at 20:16
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CII Delegation at WTO Mini-Ministerial
A delegation of the CII is in Geneva for the mini-Ministerial meeting of the World Trade Organisation. The delegation which comprises of members including automotives Society of Indian Automobile Manufacturers Association and Auto Components Manufacturers Association will push for development friendly outcome of the Doha Round by year end
A delegation of the Confederation of Indian Industry (CII) is in Geneva for the mini-Ministerial meeting of the World Trade Organisation (WTO). The delegation which comprises of members including automotives (Society of Indian Automobile Manufacturers Association (SIAM)) and automotive components sector (Auto Components Manufacturers Association (ACMA)) will push for development friendly outcome of the Doha Round by year end.
In its visit the CII delegation will also hold talks with industry associations from Europe, United States (US) and other countries. In the meetings with the counterpart associations, the CII delegation will express it's discontent with the current NAMA Text, especially with two sensitive clauses of sectorals and anti-concentration.
CII delegation is of the view that the current NAMA Text doesn't take into consideration the aspirations of developing countries. Industry in India feels that any negotiations on sectorals and anti-concentration will belittle the development mandate of the Doha Round, the CII delegation said.
CII delegation will also seek views of counterpart associations in the area of services negotiations. CII is of the view that any agreement on Doha should have a strong services component.
