India today warned that reaching a Doha deal is crucial for survival of multilateral trading system. Commerce Secretary Rahul Khullar said in New Delhi that for the last two years nothing substantial has been achieved in the negotiations . WTO Chief, Pascal Lamy, who is in New Delhi for consultations with the government and the industry, over high stakes in achieving a trade-opening global deal through multilateral negotiations. These were launched almost nine years ago without success. The WTO chief said that in the recent G20 and APEC summits in Seoul and Yokohama, the leaders provided clear signals that they expect the Doha Development Round to be a deliverable next year. Referring to the global macro-economic imbalances like currency undervaluation in some countries and loose monetary policies in others, he said these distortions do not originate in trade.