-Deccan Chronicle Prime Minister Narendra Modi may be patting himself on the back because President Barack Obama has agreed to India's position on food stockholding norms in World Trade Organisation (WTO). However, New Delhi seems to be bending over backwards to accommodate the American government and giant multinational corporations (MNCs) in the pharmaceutical industry, which will work to the detriment of our country's interests. In less than six months, the Modi government...
More »SEARCH RESULT
Explained: Understanding the permanent solution at WTO -Harish Damodaran
-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...
More »Big breakthrough in Beijing -Jairam Ramesh
-The Hindu To address climate change, India has committed itself to a 20-25 per cent reduction in intensity of carbon emissions by 2020, but the international community will want more U.S. President Barack Obama and Chinese President Xi Jinping have just signed a historic bilateral accord on climate change and clean energy cooperation in Beijing. This accord will have impacts in the run-up to the Paris Conference in December 2015 when the...
More »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 »