WTO mine-fields

But the left parties continue to dislike him. As Commerce and Industry Minister, Kamal Nath has been consistently taking a pro-reform stance that seems to irk the Leftists. Their biggest grouse against Nath is his backing of FDI in the retail sector. However, even his opponents acknowledge that he is doing a good job of leading the G-20 group of nations while negotiating the WTO mine-field. His tough stance against developed nations during the prolonged and tortuous negotiations has also earned him brownie points from the Swadeshi brigade. How he and his team will deal with the pressure tactics from developed nations in December 2005 will be closely watched. That is when crucial ministerial level talks to make a final attempt to sort out WTO disputes will be made in Hong Kong. If Nath and his colleagues from other third world nations can actually make the developed countries blink, his stature as a politician is bound to grow manifold in India.

Source: IIPM - Business & Economy


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