-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...
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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 »India gains support for its stand against WTO at food security meet in Rome -Jitendra
-Down to Earth India presents its case on potential damage posed by WTO's trade facilitation agreement; civil society groups support India India made a strong pitch for food stockpiling for public food security at the 41st session of the Committee on World Food Security (CFS) earlier this month at the FAO headquarters in Rome. The meeting of the intergovernmental body, attended by representatives of governments, UN food agencies, civil society and private...
More »WTO Talks Inconclusive, Discussion to Continue
-Outlook Geneva: With India sticking to its tough stand, efforts to break the impasse in the WTO on trade facilitation agreement and food security issues today proved futile and further consultations will continue over the week. The General Council of the World Trade Organisation (WTO), which met after a gap of over two months, could not make much headway. "I will be holding a series of meetings in a range of different configurations....
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