Online edition of India's National Newspaper
Thursday, Jan 10, 2008
ePaper | Mobile/PDA Version
Google


Clasic Farm

Business
News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Retail Plus | Classifieds | Jobs | Obituary |

Business Printer Friendly Page   Send this Article to a Friend

India seeks relief on tariff escalation issue

Special Correspondent

Three-day international potato expo begins in Kolkata


WB second largest potato producer

Export facilitation centre planned


— PHOTO: ARUNANGSU ROY CHOWDHURY

SEEKING TARIFF RELIEF: Jairam Ramesh (right), Minister of State for Commerce, and Buddhadeb Bhattacharjee, Chief Minister of West Bengal, at the inaugural session of the three-day India International Potato Expo 2008, in Kolkata on Wednesday.

KOLKATA: Developed countries such as the U.S. should look into the plea of countries like India on the tariff escalation issue at the Doha round of WTO, Union Minister of State for Commerce Jairam Ramesh said.

Addressing the inaugural session of the International Potato Expo here on Wednesday, Mr. Ramesh said potato exemplified the tariff escalation issue that developing countries like India faced from the developed countries. Under this, import duties on primary commodities were pegged low but it went up in tune with the amount of processing that the goods underwent. “If value-added exports attract higher rates, then talks of reduced import duty fails to have value” he said. The US consul was also present on the occasion. However, he admitted that at a time when India was pressing for such concessions at WTO, it should also be prepared to extend similar reliefs in favour of lesser developed countries like Bangladesh.

Mr. Ramesh said that within the next five years India could capture a niche portion of the international potato market with exports to Europe and West Asia.

He said the Commerce Ministry had decided to part-finance the setting up of the country’s first integrated development and export facilitation centre in West Bengal.

West Bengal Chief Minister Buddhadeb Bhattacharjee said the State, which was India’s second largest potato producer, had an annual surplus of over three million tonnes of potato but private investment by domestic and foreign companies was needed to process the potato either into flakes or powder as these items had good demand in Europe and West Asia.

The three-day convention where Union Agriculture Minister is set to address the concluding session is being attended by delegates from the U.S., Canada, Israel, and the Netherlands.

Printer friendly page  
Send this article to Friends by E-Mail



Business

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Retail Plus | Classifieds | Jobs | Obituary | Updates: Breaking News |

Music Academy Dance The Hindu Shopping


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu