-The Hindu The government deserves congratulations for its firm stand at the WTO, which finds support in Rodrik's trilemma The Princeton don Dani Rodrik is one of the world's leading economists. He is a firm believer in and supporter of globalisation. However, he has also posed a famous "globalisation trilemma." A trilemma describes a situation where only two of three things can hold true at the same time. If any two out...

-Down to Earth IFAD president Nwanze says he was misquoted by media and only supported India's food security law Kanayo F Nwanze, president of the International Fund for Agricultural Development (IFAD), a specialised agency of the UN which finances agricultural development projects in developing nations, has reversed his earlier stand supporting India for opposing the WTO Trade Facilitation Agreement (TFA). India had vetoed TFA in Geneva over its food security concerns and need...

-PTI New Delhi: After the recent failure of WTO talks, India on Wednesday hoped that by September it will convince the multi-lateral trading body about the need for developing nations to give subsidies on food stocks so that it is relieved of the "draconian sword". Commerce Minister Nirmala Sitaraman told Rajya Sabha that the tough position adopted by India and the recent talks in Geneva had been supported by many least developed...

-Business World   The WTO Bali deal is ultimately a battle between food for the poor and trade for the rich The current global uproar at India's refusal to ratify the Trade Facilitation Agreement of the WTO Bali Declaration is a classic example of how meticulously orchestrated media hype and misdirected "expert opinions" attempt to pressurise developing countries into submission at global negotiations. India's primary interest is the food security proposal for ensuring...

-PTI India is asking for a change in the base year (1986-88) for calculating the food subsidies Supporting India's tough stand at WTO on the food security issue, UN body for development of agriculture IFAD today said ensuring food for its people is more important than creating jobs in certain other nations. "Creating jobs for some other country, while people are still hungry, doesn't make sense... If I was in the position of...