“US, India must clinch what is possible at Doha” - Hindu

Jagdish N. Bhagwati, Professor of Economics and Law, Columbia University, interacting with journalists at The Hindu office in Chennai on Saturday.

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CHENNAI: Both India and the United States should settle for what is possible in the current Doha round of negotiations and reopen a later round of talks, if necessary, so as not to undermine the World Trade Organisation (WTO), Jagdish N. Bhagwati, free trade economist and professor at Columbia University, said on Saturday. Speaking to journalists at The Hindu here, Dr. Bhagwati said India could also take the lead by, for instance, agreeing to settle for the relaxation of its demands on special safeguard mechanisms in exchange for the Americans giving up on their stand on agricultural subsidies. India could “give without effectively giving” while protecting its own rights through other WTO safeguards.

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