-The Times of India   BALI: After four days of intense negotiations, World Trade Organization members are set to accept the government's demand on food security that will protect India and other developing countries from penalties for breaching the domestic support cap of 10% of value of production. In return, the government agreed to a new agreement on trade facilitation, the first since WTO was set up nearly two decades ago, that...

-The Times of India BALI: The World Trade Organization (WTO) is making a fresh bid to break the deadlock with the multilateral body set to propose its own package to trade ministers from 159 countries amid clear signs that the meeting will go beyond its scheduled close. WTO director general Roberto Azevedo spent the night holding consultations with commerce and industry minister Anand Sharma and US trade representative Michael Froman stretching until...

-The Business Standard India remained firm on its stance as World Trade Organization (WTO) negotiations reached the third day in Bali. As Commerce and Industry Minister Anand Sharma ruled out any possibility of a compromise, whispers were already being heard of a possible collapse of the talks. Edited excerpts from the minister's press conference, which invited admiration as well as sharp criticism: * India has exceeded the de minimis requirements of the...

-The Times of India BALI: With a consensus at the World Trade Organization remaining elusive till early afternoon, India on Thursday said that it has no problems with a deal on eight of the 10 subjects on the table and would not be averse to the idea of further negotiations on the contentious food security and trade facilitation issues in Geneva if an agreement is not reached here. While there are few...

-The United Nations A United Nations independent rights expert called today for policy changes that will allow developing countries the freedom to use their reserves to help secure the right to food without the threat of sanctions under current World Trade Organization (WTO) rules. "Trade rules must be shaped around the food security policies that developing countries need, rather than policies having to tiptoe around WTO rules," said Olivier De Schutter, Special...