-Livemint It is early days yet to claim victory in the larger struggle to correct the fundamental bias in WTO against developing countries The impasse regarding the implementation of the trade facilitation agreement (TFA) in the World Trade Organization (WTO) seems to be coming to an end after India and the US reportedly resolved their differences on the food security outcome of the Bali ministerial conference held last December. Apparently, the US...
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Explained: Understanding the permanent solution at WTO -Harish Damodaran
-The Indian Express Last week, India and the US reached an understanding on working out a "permanent solution" to the issue of public stockholding for food security purposes at the World Trade Organisation (WTO). The deal is seen as a breakthrough, ending the impasse that had stalled the implementation of a landmark Trade Facilitation Agreement (TFA) hammered out at the WTO's ministerial conference in Bali last December. * What is this deal...
More »India, US agree on food stockpiling, clear way for WTO deal
-Business Standard Commerce Minister Nirmala Sitharaman says India's proposals will be now reviewed by the WTO General Council Washington: India has reached an agreement with the United States on public stockpiling of food, trade minister Nirmala Sithamaran said on Thursday, paving the way for the implementation of a global trade facilitation deal that has been stalled for months. Under the pact with Washington, India will lift a veto on a global agreement on...
More »India may sign WTO’s Trade Facilitation Agreement: Study paper
-PTI India may finally sign the WTO's Trade Facilitation Agreement following discussions with the US on the details of an indefinite "peace clause" on food security, according to a research paper discussing the effectiveness of the upcoming G20 summit. The study paper by Melbourne-based think-tank Australia India Institute (AII) titled ‘The G20: Challenges and opportunities Ahead', said following Prime Minister Narendra Modi's visit to the US and his talks with US President...
More »WTO talks set for revival as India nears deal with US, EU -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: After being in deep freeze for over three months, a global trade deal is finally in sight with the US and the European Union showing signs of accepting India's demand for providing flexibility to developing countries in fixing minimum support price for farm products. In return, India will sign the stalled international treaty on easier customs rules once an agreement on the contentious food security...
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