Nath plays hardball, snubs offers

WTO summit Minister says developed countries should not look into others’ pockets Geneva, July 23: Fresh from winning the vote of confidence of the UPA government, commerce and industry minister Kamal Nath on Wednesday returned to the mini-ministerial meeting of the Doha Development Round negotiations of the World Trade Organisation (WTO) and played hardball giving little in return for the offers put on the table by the developed country leaders — the US on cutting its overall trade distorting farm subsides (OTDS) to $15 billion and the European Union on bringing down its farm tariffs to 60... [read full story]