India on Monday expressed hope that negotiations on a global trade deal under the WTO's Doha Round of talks will move forward at the forthcoming ministerial meet at Bali in December.
However, it said that if talks on the G-33 proposal of the developing countries like India, which deals with food security issues, did not move forward at the meeting, the Trade Facilitation Agreement (TFA) may also not see any progress.
Under the TFA, a proposal of developed countries, WTO members are negotiating ways to facilitate trade, simplify and harmonise customs rules and reduce transactions cost.
"India is looking for a possible outcome in Bali meet. last week's development in Geneva do give us a sense of positivity. We feel that things will move.
"But we are also circumspect that if G-33 proposal and some of the developmental elements do not move, then TFA also may not move," Additional Secretary in the Commerce Ministry Rajeev Kher said here at a WTO function. Kher is also India's chief negotiator at WTO.