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India and Cancun

Sir, — The failure of the Cancun meet is certainly regrettable. But had the proposal put forward by the U.S. and the E.U. to reduce the duties been accepted, India would have been forced to slash duties for some agricultural goods to 5 or even zero per cent. And that would have been a terrible setback for India's economy. At least now, India is in a "no loss", if not in an "all gain", situation.

Ritu Maheshwari,
Bangalore

* * *

Sir, — Thirteen of the G-21 who stayed the course in Cancun were Latin American nations. Their economies are particularly vulnerable to U.S. dictates delivered through the IMF; El Salvador defected at Cancun, and others may follow. Sri Lanka and Bangladesh were not in the grouping, but Pakistan was. Taking a leaf from the E.U., SAARC homework must be intensified to raise its primary mission of regional economic development through trade.

Mohan Raman,
Chennai

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