Poor India

By Brian Easton In Economy

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28th May, 2011
India told those negotiating the Doha Round – the multilateral attempt to liberalise world trade – it had over 700 million people dependent on subsistence farming, more than the entire populations of the European Union and the United States combined. It was not willing to sacrifice them, India said, in the interests of a handful of American and European farmers. And so the Doha negotiations ground to a halt. This was much to the disappointment of New Zealand farmers, because although Indian farmers do not compete with them – they mainly grow grain – the intricacies of the negotiation ...

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