Tuesday, February 7, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





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2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.




India, China Request More Balance in WTO Secretariat

Nov. 23 – India and China have been cooperating and supporting each other at the World Trade Organization to raise the profile and strength of emerging economies.

China has submitted a proposal supported by India and other countries, including South Africa that the Budget Finance and Administration Committee of the staff composition of the WTO be more representative of the organization as a whole.

India and China are working towards other reform goals as well as more representation for developing countries in multilateral organizations like the International Monetary Fund and and the World Bank.

According to the WTO website, only 327 out of the 629 permanent staff in the secretariat are from France, Switzerland , United Kingdom and the United States.

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