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A new drain of wealth (Editorial)

SUDHIR KAPUR SINCE 2001, the international community is engaged in framing acceptable rules for agricultural, non-agricultural and services market access under Doha round of World Trade Organisation (WTO) negotiations. Even as these negotiations are on, the issue of excessive speculation resulting in price volatility in commodity markets, which is causing drain of wealth from importers of food, fuel and metals to producers of these commodities, is becoming a cause of increasing concern.