-The Business Standard WTO reconvenes to re-examine issue of agriculture subsidies, numbers alone suggest that India has a strong case for declining to sign WTO's TFA The World Trade Organisation (WTO) is reconvening in the last week of September to examine the issue of agricultural subsidies against the backdrop of India's refusal to become a signatory to the trade facilitation agreement (TFA) at Bali. Since then, a lot of water has flowed...
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India's farm subsidy well below WTO cap of 10%: Official
-PTI NEW DELHI: India's farm subsidies are well below the WTO's cap of 10 per cent and the developed world should move ahead with finding a permanent solution for stock piling of grains for food security purposes, an official said. According to a WTO filing, India has given a total farm subsidy of $56 billion, of which trade distorting subsidy amounts to only $13.8 billion for 23 commodities, including rice and wheat. Explaining...
More »India hopeful of solution on food security issue at WTO
-The Business Standard Hopeful of directional change in India-China trade relations With the World Trade Organization (WTO) reconvening this month, India is hopeful its concerns on public stockholding for food security purposes will be considered this time, even as the government on Wednesday said it is not the only country is demanding an early resolution to the issue. "Today, the environment is far more in favour of India. People are able to understand...
More »Food security: South Africa backs India's stance at WTO
-IBNLive.in New Delhi: South Africa supports India's stance at WTO on public food stock holding issue as developing nations have responsibility to ensure that "those who are not able to feed themselves" are brought under the food security net, said South African High Commissioner to India FK Morule. "The developing countries which includes South Africa support India. We are developing countries. So, the majority of people in our countries are not able...
More »India shakes up WTO -Latha Jishnu
-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...
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