Saturday, July 26, 2008

India And Argentina Still Causing Problems

The media are reporting continuing problems - with India in particular, at the WTO Ministerial. We hear the same but our sense is that India and Argentina have become so isolated that they don't have the will to force failure. We will wait and see. But this is why we have been suggesting leadership from the US on services. We can't give India the excuse to walk away.

A sense of optimism surrounded WTO negotiations on a new global free trade pact Saturday, but opposition from India and a handful of others could doom hopes of a breakthrough, insiders said. Ministers from 35 leading nations headed for meetings aiming to finally bridge their differences, with pressure piling on negotiators from India and Argentina which have signalled opposition to a deal. "This afternoon's session will be important. India will be looking to see what it can get out of the session to decide whether to ditch discussions," a diplomatic source told AFP on condition of anonymity.

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