India looks to China in WTO amidst border tension

By NNN-PTI,

New Delhi/Geneva : Notwithstanding reports of tension along the Indo-China border, the two neighbouring countries need to move hand-in-hand at WTO to protect interest of over 100 developing nations in the Doha trade negotiations, sources said.


Support TwoCircles

“China is a critical player and will hold the balance of power. India needs to align with them,” a highly placed official said after a week of serious negotiations which resumed at the WTO headquarters after a gap of 14 months.

While India, Brazil and South Africa have played a leadership role for developing countries in navigating the global trade negotiations, China has so far maintained a low profile despite its growing economic prowess.

“China has not taken any specific position…but the developing countries need to court Beijing for striking a good deal and ensuring a market access for them without opening the floodgates for the rich nations,” he said.

SUPPORT TWOCIRCLES HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE