Friday, September 21, 2007

The Doha shakedown starts!


With the latest round of the WTO-Doha situation due to figure soon in the World Trade arena,the two trade giants each representing the developed and the developing world are meeting today.ladies and gentlemen,i am talking about United states and India.each have their own take on the Doha standoff with India and China clamoring for more leeway from the developed world,and this is with good reason.what makes this latest meeting between the capitalist and the democratic giants is that recently the United states had made a comment in public that they are willing to look into the farm subsidies and that is a big announcement form them considering that it was this very question of farm subsidies that has brought the trade talks to a sort of catch-22 situation with no movements seen on either side of the spectrum.but with this latest move the United states has indicated to the world that it is indeed serious about the trade talks and that they want the Doha issue to be resolved.now all eyes are on the BRIC countries and as to what will be their collective strategy!

united states,india,doha,wto,

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