Rising food prices, bio-fuels top govts agenda at WTO
Even as the World Trade Organisation director general Pascal Lamy is expecting a break-through in the Doha Round negotiations in the next few weeks, several countries, including India, are expected to factor in rising food prices and use of bio-fuels in their discussions. However, this will not necessarily lead to a change in the strategies of individual countries on tariffs and subsidies, an official in the know of developments at WTO said.