India Calls out Hidden Agenda of Rich Nations to Tap Poor Countries’ Markets

India has criticised the Global North for pushing their hidden agenda of using sustainability, development and gender equality to seek market access in poor nations even as it sought to revive the talks on services trade and mobility.

New Delhi’s concerns stem from the fact that goods exported from developing countries are subject to many tariff and non-tariff barriers in countries such as the EU, the US and Japan.

Trade in services, such as movement of skilled professionals, accounts for over 20% of the global commerce but the sector is still not getting sufficient attention in the negotiations of the WTO.

“Countries like India have demographic dividend for another 25 years while the EU suffers from a demographic deficit but they are not willing to accept immigration or mobility rules,”

“In the name of deliberative functions, you are bringing issues which will restrict free trade,” An official said, adding that micro, small and medium enterprises (MSME) are not equivalent across the world. “They feel they can get market access to our products through MSMEs,”

The draft Abu Dhabi package for the 13th Ministerial Conference of the ongoing World Trade Organization (WTO) has elements on trade inclusiveness, women’s participation in trade, industrial policy and environment, issues that India and many developing countries have opposed.

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