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Article: WTO CAUTIONS INDIA AGAINST RTAS AND FTAS.
- Article from:
- AsiaPulse News
- Article date:
- December 7, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, Dec 7 Asia Pulse - WTO on Tuesday cautioned India against going in whole hog for Regional Trade Agreements and Free Trade Agreements and said it would be instituting a mechanism for monitoring them to see if they contibuted to the multilateral process.
"I share the same concerns on India going in for FTAs and RTAs," WTO Director General Supachai Panitchpakdi said when asked if he was in agreement with Professor Jagdish Bhagwati who said it was foolish for New Delhi to go for RTAs and FTAs over multilateralism.
Asserting that multilateralism must get primacy over RTAs and FTAs, Supachai said this should be the correct approach as studies have ...