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Willing to settle for deal on 8 out of 10 issues at WTO meet: India-Sidhartha

-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...

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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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India not to compromise on food security at WTO ministerial meeting: Anand Sharma

-PTI BALI: On the eve of WTO ministerial meeting here, India on Monday said the interim solution on food security as currently designed is not acceptable and the country won't compromise its farmers' interest or succumb to mercantilist ambitions of rich nations. There is a national consensus and complete political unanimity on this matter in India, commerce and industry minister Anand Sharma said, adding: "It is therefore difficult for us to accept...

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India Inc backs government stance on food subsidy at WTO

-PTI   NEW DELHI: Backing the government's stance on food subsidy at the WTO, India Inc today said it is important to ensure legal entitlement of low-cost ration to the poor in order to achieve all-round development. "For us in India, we have to ring-fence the interest of subsistence farmers and poor by procuring grains at minimum support price (MSP) and ensuring legal entitlement of low-cost ration to the poor," Assocham President Rana...

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BJP red flags 'peace clause' ahead of WTO's Bali meeting -Ravish Tewari

-The Indian Express Barely days ahead of WTO's ministerial meeting at Bali next week, the BJP on Wednesday red flagged government's likely move to agree to a 'peace clause' to shield food guarantee law from the restrictions under the WTO at least for a period of four years. "The peace clause in its current form is not in our interest," Leader of Opposition in Rajya Sabha Arun Jaitley said on Wednesday....

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