Free counter and web stats


..There's a little Samuel Pepys in all of us..

Monday, July 21, 2008

It might be worthwhile to keep half an eye on India today..
A nuclear development deal with the United States has the government facing a vote of non-confidence..
The left-wing has withdrawn it's complete support for the deal.. a number of reasons the likes of allowing some international inspections of existing facilities, something never called for before.. to simply dealing with the United States itself..
And while the deal may well be in India's best interests, considering it's desperate need for energy, it's become the focus of old enmities..
Interesting to note, that while India has the second largest population, politics is of any interest to some 9% of the population in general.. 29% in the cities themselves..
And many of those who are interested, have felt closer, perhaps less apprehensive would be better, with improving relations, economic and social, with Russia, rather than the US..

Also something to watch is how the current meeting of the World Trade Organisation will manage to escape reaching a final unanimous decision in a 'Free Trade Agreement'..
If an agreement is not reached that these talks.. there likely never will be one finalised, leaving developing nations to go it alone..
It's been seven years since the Dohar Round.. the stakes with the Indian and China markets opening so rapidly and how that market will be divided.. will be a integral part of any of the 30 nations before it's even considered whether any one of them begin decreasing their agricultural subsidy legislation.. allowing producers in countries the likes of Africa a competitive product..
The refusal of the WTO to reach an agreement which could be integral in bringing some African countries into their marketplace, could be a policy which will eventually bite them badly.. The reserves of oil which are even as yet undiscovered under that continent, may well have repercussions..
But.. billions of £'s are at stake if commitments are made and met..
Well.. met. The commitments were made seven years ago.

No comments:

Search This Blog

Blog Archive