The government has asked Indian Institute of Foreign Trade to prepare a report on the impact of the enlargement of the European Union in the country exports.

The report analyses the impact and developing a plausible negotiating strategy for India with respect to elements of export interest.

The three main points identified in products negotiable “, where most favorites nationality prices are probably related to increase, leather, textiles and chemicals.

The study, in collaboration with the Federation of Indian Export Organizations, the government’s proposals on the basis of feedback from exporters, FIEO said.

IIFT has already initiated discussions with exporters in this context, in the land of the major cities of Chennai and Mumbai.

With the European Union’s largest trading partner and second largest source of foreign direct investment in India, its current expansion is certainly have a great influence on the Indian economy in general and especially exports.

In the area of market access, it is estimated that in the case of new members joining the EU, tariffs on products are not be bound.

Some experts believe that since the EU already has a wide variety Tarrif barriers unavailable, it is unlikely that migration tarrifs.

Kolkata, Aug 18 (PTI) The contentious issue of agricultural subsidies by the USA and European countries are expected to dominate the forthcoming WTO negotiations at ministerial level will take place in Cancun in Mexico.

FK Patrick Macrory, an internationally renowned expert on the WTO and Director of Legal Studies in International Law Institute in Washington, said a seminar, organized jointly by the Exim Bank of India and Indian Institute of Social Welfare and Business Management (IISWBM) that European countries The huge subsidies to their farmers, agriculture in developing countries who have been affected.

Patrick said the USA was also the same thing, but not to a large extent that European nations.

The expert from the WTO said that the question of other export subsidies would also be pork spotlight discussions at Cancun. How farm subsidies, European nations were also doling out huge export subsidies was the deterioration of the interests of developing countries, he added.

Market access, both developed and developing countries have also proposed to discuss in Cancun strong, he observed.

On the issue of sanitary and phytosanitary (SPS) conditions for exports from developing countries by developed ones, Macrory said that an agreement in this regard should be achieved in Cancun to ensure that this type of non-tariff barriers in the path of world trade.

In addition to these themes, discussions would be intentional Cancun on the Singapore issues investment, competition, transparency in government procurement and trade facilitation.

The expert from the WTO said that European countries would like to see an agreement on investment, while the USA has remained quite neutral, au contraire.

The competition, he said, would be largely run on transparency and compliance of the clause of the Most Favoured Nation (MFN) to the developed countries.

On the issue of market access for industrial products, which should be taken in Cancun, to be successful, because an agreement can be reached, he said.

The environment and aspects of work, he said, would certainly be a step backwards on the seat of the next ministerial conference negotiations.

The India will not open its cards on the market of industrial products in the WTO negotiations, unless rich countries come in advance with their bids for the removal of agricultural subsidies, senior official said.

In its latest efforts to break the impasse between developed and developing countries in the Doha Round of trade negotiations of the WTO considered a separate project on Agriculture and Non-Agriculture Market Access (NAMA).

While India and other developing countries like Brazil are ready to accept the proposal on agriculture as a good basis for negotiations, the text on NAMA (industrial products) was completely rejected.

“The text is as NAMA was very controversial because it attempts to sequence discussions on industrial products there are negotiations on agricultural property, commercial director at the Ministry of Commerce Bipin Menon said at a CII meeting.

Menon, closely linked since the WTO negotiations, said the USA and Europe that developing countries open their cards on industrial goods, while maintaining the strategy for agriculture to his chest close.

The negotiations on NAMA, from 24 September in the Indian part of officials.

“We want agriculture in the centrestage among themselves and with NAMA and services,” he said.

According to experts from the USA is unlikely to lower subsidies and direct income support, it was at its farmers.

“The USA are the direct income support for farmers and there is no indication on the farm for the reduction of subsidies,” said Biswajit Dhar, professor and director of the Center for issues of the WTO, Indian Institute of Foreign Trade.