(Rohan Venkataramakrishnan – Scroll)
India’s stance on the Bali package has angered a number of American entities
“Chalein saath saath, forward together we go” was the tagline of Indian Prime Minister Narendra Modi and US President Barack Obama’s joint statement in Washington, DC last week. Behind the scenes, though, the two countries remain on a collision course at the globe’s most important trade forum: the World Trade Organisation.
Modi might have enjoyed Obama’s “warm hospitality” at the White House, but New Delhi’s WTO representatives have spent the last few weeks fending off pointed questions from the Americans about India’s agricultural subsidies. On this front, the two countries do not look like they will be walking in step anytime soon. Read more here.