Mr. Arun Jaitley, Minister of Commerce
& Industry and Law & Justice, has said that the Fifth Ministerial Conference of
the World Trade Organisation (WTO) which concluded in Cancun on 14 September 2003 could
not reach a consensus on various issues, in particular on the four Singapore issues,
because the draft ministerial declaration that the Ministers had been asked to approve did
not reflect the concerns of the developing and least developed countries. |
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Speaking in New Delhi on the deliberations of the Ministerial
Conference on his return from Cancun,Mr. Jaitley said that India would have preferred a
declaration addressing its concerns, but this did not happen. Had the draft ministerial
declaration better reflected the concerns of developing countries, the Conference would
have had a chance of success.Lack of political will on part of certain developed countries
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