World Trade Organization

Globalisation Benefited Only Transnationals

The Hindu | By Amit Baruah JAKARTA, MAY 28. India today said that transnational corporations, rather than countries, had reaped the benefits of the globalisation process. Addressing the 22nd meeting of G-15 Foreign Ministers, the Minister of State for External Affairs, Mr. U. Krishnam Raju, said the income gap between the rich and poor nations had only widened.