L'Aquila (Italy), July 9 - The groups of rich and developing countries, including India, are likely to commit themselves to early conclusion of the Doha Development Round of multilateral trade talks under the World Trade Organisation (WTO) later Thursday.
A statement in this regard to this effect is expected from the G8 and G5 countries, as well as Egypt, at the G8 Summit being held at this quake-hit Italian city, some 100 km northeast of Rome.
India, led by Prime Minister Manmohan Singh, has clearly indicated that it could commit itself for completing the trade talks by next year. The country has been a key player in the current round of multilateral trade negotiations, along with the US and the EU.
'The G8 has not put a definite timeline for concluding the talks. But 2010 could be the year. We will discuss the issue at the MEF (major economies forum) today,' India's Foreign Secretary Shivshanker Menon said.
Indian officials indicated that the country may also propose to host a Ministerial Meeting of the WTO before the next G20 Summit in September at Pittsburgh in the US.