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After four days of intense negotiations, India has its way at WTO-Sidhartha

-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...

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Anand Sharma, Commerce and Industry Minister interviewed by The Business Standard

-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...

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When Calamity Strikes, Think Local -Malini Shankar

-IPS News Bhubaneswar: More than a month after Cyclone Phailin battered Orissa, tribes in the eastern Indian coastal state are still feeling its wrath. Besides the damage to their homes and hearths, it has also meant a loss of their traditional food. "Calamities like Cyclone Phailin affect all equally, but the tribes are far more vulnerable to the impact of calamities because of lesser resilience," Special Relief Commissioner P.K. Mahapatra tells IPS. This...

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WTO rules must address food security needs of developing countries –UN expert

-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...

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India rejects WTO offer on food security rules -Asit Ranjan Mishra

-Live Mint Anand Sharma urges updating of rules under agriculture deal to fix ‘inherent flaws', help developing countries New Delhi: India on Monday rejected the World Trade Organization's (WTO) offer on food security rules in its present form ahead of the biannual ministerial conference of the multilateral trade body beginning Tuesday in Bali, further hardening India's position on the issue. The present draft text prepared in Geneva provides developing countries temporary relief...

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