The Traderszone Network

Published in TZ Latest News 19 July, 2014 by The TZ Newswire Staff

Concerns mount over India’s stance on global trade pact

Eleventh hour negotiations to win Indian approval for a breakthrough global trade pact may not have succeeded in the end despite initial signs of progress, sources involved in the discussions said on Saturday. India is the most prevalent among a group of developing nations angry at rich countries for failing to address their concerns about a deal on trade facilitation – struck by WTO member states in Bali last year – that must be detailed by a July 31 deadline.