-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...
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Rich bloc wants poor nations to cut farm dole -Subodh Varma
-The Times of India After a bruising battle between the rich countries and blocs of not-so-rich ones, the Nairobi World Trade Organisation (WTO) meeting of 160 nations failed to reach an agreement on an issue that directly affects 250 million farmers and farm workers in India. One of the bitterest fights, continuing from previous rounds, saw India lead a group of nearly 50 developing countries to stave off attempts by richer...
More »Stalemate continues at WTO meet in Nairobi -Arun S
-The Hindu The WTO Nairobi meet — which was expected to produce by noon local time (2.30 PM IST) on Friday a Ministerial Declaration to liberalise global trade — stretched into overtime with the developing and the developed world failing to bridge their differences over farm issues as well as on whether to continue with the ongoing 14-year-old Doha Round talks. Hectic parleys were on between member countries, during the last day...
More »EU asks for cap on PDS spending in return for food security deal -D Ravi Kanth
-Livemint.com Brussels suggested more burdensome, stringent conditions for the permanent solution than what were agreed as part of interim solution in the 2013 Bali summit Geneva: The European Union (EU) has insisted that India must accept a financial cap on market price support programmes if New Delhi wants a permanent solution for the public stockholding programmes for food security at the Nairobi meeting of the World Trade Organization next week, according...
More »Green revolution needs urgent mending -Sanjeeb Mukherjee
-Business Standard Indian farming was transformed after the mid-60s, on a wave of new agri technology and allied changes, but the costs of this model can no longer be ignored or its addressing be postponed It was around the mid-1960s when the Paddock brothers, the ‘prophets of doom’, predicted that in another decade, recurring famines and an acute shortage of foodgrain would push India towards disaster. Their prophecy was based on a...
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