(Press Trust of India – Lalit K Jha)
Alleging that some key global players were acting as a roadblock in international trade negotiations, a top U.S. trade official said on Wednesday that the success or failure of the Doha Round depends on countries like India, China and Brazil.
“Today, the key roadblock is the continued resistance of some important partners to engage in sustained, meaningful negotiations,” said U.S. Deputy Trade Representative Demetrois Marantis during his speech at the 25th annual World Trade Day in Rhode Island. “The success or failure of the Doha Round depends on whether advanced developing countries like China, India and Brazil accept the responsibility that comes along with their growing roles in the global economy,” he said.
The Obama administration is gearing up to host the Asia Pacific Economic Cooperation (APEC) forum in 2011