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India ready to join OECD steel panel
• NEW DELHI: India on Thursday made it clear that it is ready to join the OECD's steel committee provided no additional conditions are imposed over and above the obligations under the World Trade Organization. "We have received an invitation to join Organisation for Economic Cooperation and Development (OECD) Steel Committee. We are ready provided no conditions are imposed over and above the obligations under the WTO," steel ministry secretary Raghav Sharan Pandey said. "Once they agree to this we have no problem in joining the committee," he said. With its 30 members and observers including India, China and Russia the committee accounts for around 65% of world steel production and 80% of global steel exports. China, which has also been invited to join the committee is considering the same, while Russia is understood to be willing to join the committee