WTO DG contenders meet Anand Sharma to seek India's support

New Delhi, Jan.24 (ANI): Union Commerce, Industry and Textiles Minister Anand Sharma met a series of global industrial leaders and his counterparts from various countries at World Economic Forum, Davos, Switzerland yesterday.

Four contenders for the post of Director General, World Trade Organization, namely, Mrs. Anabel Gonzalez, Minister of Foreign Trade, Costa Rica; Dr. Hermino Blanco Mendoza, Minister of Economy, Mexico; Mr. Tim Groser, Minister of Trade, New Zealand and Dr. Mari Elka Pangestu, Minister of Tourism and Creative Economy, Indonesia also met Sharma and sought India's support for their candidature.

Sharma welcomed their candidature and expressed India's stand regarding the need for a DG who is from the developing countries and is committed to the development dimension of WTO negotiations.

The leaders also discussed bilateral issues. Apart from these leaders, Sharma also met Mr. Rob Davies, Minister for Trade, South Africa and Mrs. Ait Zhanova Zhanar, Minister for Economic Integration, Kazakhastan and Chief Negotiator on WTO accession for Kazakhstan for bilateral meetings. The Kazakhstan Minister briefed Shri Sharma regarding her country's accession to WTO.

Sharma met Tesco Chairman Sir Richard Braodbent who sought certain clarifications on conditionalities in the new FDI policy for the retail sector. Shri Sharma assured that all the foreign investors will be provided hand holding and asked him to voice their concerns in writing and offered all help if Tesco decides to send a team to Department for Industrial Policy and Promotion for consultation.

In a meeting with Paul S Walsh, Chief Executive of Diageo, Sharma was briefed about the company's plans in India.

Mr. Walsh termed India as 'fantastic market' and said that their experience with India has been 'great'. He also informed Sharma that Diageo is exploring the opportunities of marketing Indian Spirits overseas.

Mr. Peter Sands, Group CEO, Standard Chartered, discussed the upcoming meeting of India-UK Business Forum co-chaired by Ratan Tata in the first quarter of this year. He also discussed the forthcoming visit of British Prime Minister David Cameron to India.

In a meeting with Ms. Petra Laux, Head of Global Public and Government Affairs, Novartis. Sharma was informed about the company's appreciation for movement towards Market Based Pricing regime in India.

Ms. Laux also expressed Novartis' interest in enhancing investment in India.

Sharma also met Mr. Richard Olver, Chairman, BAE Systems who pressed for greater liberalisation in defence sector. Mr. Olver also expressed the company's interest in forging new ties with defence sector PSUs of India. Mr. Frans A. van Houten, President and CEO, Royal Philips Electronics, in a meeting with Sharma expressed his interest in manufacturing facilities in India along with the concerns for local sourcing requirement for LED.

In a meeting with Mr. John Nelson CEO, Lloyd's, Sharma was conveyed the hope that the Insurance Bill pending in Parliament will be legislated soon. They were hoping that it was done before the visit of the UK PM but the Parliamentary calendar made it difficult. (ANI)

Matches

MORE TOP STORIES TODAY

Rajasthan edge low-scoring thriller

Rajasthan edge low-scoring thriller

The bowlers restricted Hyderabad to 133 for 6 before Rahane and Binny took Rajasthan over the line. More »

Maxwell blitz takes Punjab home

Maxwell blitz takes Punjab home

The Kings XI batsman blasted a 43-ball 95 to help his team pull off a massive chase against Chennai Super Kings. More »

Bangalore vs Mumbai: A battle of the big-hitters

Bangalore vs Mumbai: A battle of the big-hitters

As two of the most glamorous sides in the Indian T20 league, the focus of the match between Mumbai and Bangalore will invariably be on the middle-order… More »

BCCI lacks leaders to take on Srinivasan, says Manohar

BCCI lacks leaders to take on Srinivasan, says Manohar

Two former BCCI presidents, Shashank Manohar and Jagmohan Dalmiya, have reacted strongly to the news of the BCCI calling an emergent meeting on Sunday… More »

Pietersen ridicules idea of day-night Tests

Pietersen ridicules idea of day-night Tests

Kevin Pietersen has ridiculed the idea of day-night Test cricket, saying the game would be so different to proper Test cricket that we will need a whole… More »

Beleaguered Yuvraj tees off to Sharjah's delight

Beleaguered Yuvraj tees off to Sharjah's delight

Yuvraj Singh was hardly convincing to begin with against Delhi, but a big dose of crowd support and a helping of poor bowling meant he had the opportunity… More »

Stressed Trott stands down again

Stressed Trott stands down again

The England and Wales Cricket Board (ECB) on Friday confirmed that batsman Jonathan Trott is to take another break from all cricket with immediate eff… More »

PCB starts another coach hunt

PCB starts another coach hunt

The PCB has decided to not extend the contracts of head coach Moin Khan, fielding coach Shoaib Mohammad and batting consultant Zaheer Abbas, and has invited… More »

Pakistan cricketers face probe

Pakistan cricketers face probe

Pakistani cricket authorities have launched an investigation after a number of current international stars played in exhibition matches in the United States… More »

Fiery star Stokes bids to curb his temper

Fiery star Stokes bids to curb his temper

England all-rounder Ben Stokes admits he must keep his anger under control if he is to end his international exile. More »

Bangalore's arsenal blazes to victory

Bangalore's arsenal blazes to victory

Yuvraj Singh was back to his best in his first match for Royal Challengers Bangalore. More »

BCCI to meet before next court hearing

BCCI to meet before next court hearing

The BCCI will hold an emergent working committee meeting on April 20 to discuss the future course of action with regard to the Supreme Court hearing concerning… More »

Gavaskar wants a clean IPL

Gavaskar wants a clean IPL

"Integrity is non-negotiable..." says the BCCI's interim chief ahead of Season 7 of the tainted league. More »

Time for Chennai to enter familiar cocoon

Time for Chennai to enter familiar cocoon

Chennai have an emphatic 8-3 lead in the head-to-head with Punjab, with one game tied More »

Kallis, Narine star in KKR win

Kallis, Narine star in KKR win

An all-round display saw Knight Riders thump Mumbai Indians by 41 runs in the IPL-7 opener. More »

'Yak' Kallis still on top of his game

'Yak' Kallis still on top of his game

The 38-year-old South African veteran turned it on for Kolkata Knight RIders in the opening match of IPL-7. More »

Rajasthan and Hyderabad face-off

Rajasthan and Hyderabad face-off

A quality that defines Rajasthan and Hyderabad is consistency. Rajasthan was one among two teams to enjoy complete dominance at home last season. Hyderabad… More »

Srinivasan named in fixing report: SC

Srinivasan named in fixing report: SC

The court emphasised that the tainted administrator can no longer work for the BCCI. More »

Yuvraj happy to play for RCB: Kohli

Yuvraj happy to play for RCB: Kohli

New-look RCB will play their first game of IPL-7 on Thursday. More »

IPL: News Line

IPL: News Line

A round-up of all the news from this season of the IPL. More »

Shane Watson issues moral warning

Shane Watson issues moral warning

'Everyone knows what is right and what is wrong and if you do the wrong thing it will be found out' More »

Why I'm not looking forward to the IPL

Why I'm not looking forward to the IPL

Welcome to another season of a league that many watch but few trust. More »

Johnson may quit T20s for Tests

Johnson may quit T20s for Tests

Australia's Mitchell Johnson may quit limited-overs cricket to prolong his test career with an eye on the 2015 Ashes series in England, the fast bowler… More »

Nepal players call off boycott

Nepal players call off boycott

Thaw in relations after formation of an advisory committee that would work in tandem with the Cricket Association of Nepal. More »