India asks developed nations to end protectionism

India asks developed nations to end protectionism
PTI
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First Published: Thu, Apr 03 2008. 09 11 AM IST
Updated: Thu, Apr 03 2008. 04 29 PM IST
United Nations: India has asked rich nations to end protectionism, which costs developing countries $700 billion a year in export income, if the world is to meet the Millennium Development Goals (MDGs) aimed at eliminating or sharply reducing several social and economic ills by 2015.
Decrying increase of subsidies by the developed countries in some sectors, India’s UN Ambassador Nirupam Sen asserted that the problem is not lack of resources but little stomach for structural changes.
“We need what (the 19th century German philosopher Friedrich) Nietzsche called ‘capital of spirit and will,” he told the 192-member General Assembly on Wednesday while participating in the review of implementation of the MDGs, which were set in 2000.
He said developed nations should end protectionism which costs developing countries $700 billion a year in export income -- 14 times of what they receive in Official Development Assistance (ODA).
Asking the international community to move beyond words to action if it is to make any difference in the lives of the poor, Sen pointed out economic growth alone is insufficient to remove poverty, disease and illiteracy as envisaged in MDGs.
A separate action is required to attack poverty and hunger, promote education, employment and health, science and technology and free the developing countries from aid conditionalities and prescriptive advice, Sen said.
MDGs can create a more just world only if combined with removing the institutional and economic causes of poverty, he emphasised.
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First Published: Thu, Apr 03 2008. 09 11 AM IST