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WTO talks face deadlock over decision on patent waiver, fisheries subsidies

-PTI/ The Hindu The four-day ministerial conference that started on June 12 was extended by a day to give negotiators more time to iron out differences and strike the deal Talks at the world trade organisation conference hit a fresh hurdle late on Thursday with a group of countries blocking a decision on two crucial issues, temporary patent waiver for COVID-19 vaccines and eliminating harmful subsidies to promote sustainable fishing, sources said. The...

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Farmers seek India’s exit from WTO; stage protest

-The Hindu Mysuru: Members of State Federation of Farmers and Sugarcane Cultivators Association staged a demonstration in the city on Sunday demanding India’s exit from the world trade organisation (WTO). The demonstration was held heeding the strike call issued by Rashtriya Kisan Mahasangha and is part of a nation-wide agitation being conducted by farmers in support of their demands. Kurubur Shanthakumar, president of Sugarcane Cultivators Association, who addressed the farmers said that ever...

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NGOs protest Commerce Ministry inaction on WTO COVID-19 vaccine proposal -Jacob Koshy

-The Hindu They write to Prime Minister asking him to renegotiate the draft proposal to waive intellectual property rights on vaccines and highlight the need for active engagement to improve it A group of non governmental organisations has written to Prime Minister Narendra Modi, to prod the Union Commerce Ministry into “proactively engaging” with a draft proposal at the world trade organisation-TRIPS in Geneva to waive intellectual property rights, mostly controlled by...

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Revival Of Economy Should Be Topmost Priority Of World Trade Body: India

-PTI/ NDTV India told the World Trade Organization that the present situation has got a new important problem -- the increasing inflation in most of the domestic economies. New Delhi: India wants the world trade organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries. According to a statement by India, delivered by Ambassador and Permanent Representative to the WTO, Brajendra Navnit,...

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UN agency in talks with India on wheat procurement amid Ukraine war

-PTI/ The Hindu World Food Programme report talks of a three-dimensional crisis — food, energy and finance The United Nations’ World Food Programme (WFP) has said that it is in discussions with India on procurement of wheat as several countries face food security challenges amid the Ukraine war. “We are in discussions with India on procurement of wheat. So, that is something which is ongoing,” the WFP’s Chief Economist Arif Husain said at...

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