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Contentions on the Bali Ministerial Decision -Vijoo Krishnan

-Vikalp The recently concluded Bali Ministerial marks an important milestone in the WTO negotiations. The National Food Security Act, 2013 in India has brought the issue of food security and hunger within developing countries to the forefront of the negotiations in the WTO. In this context, the G-33 proposal addressing the issue of non-recognition of food security concerns of developing countries within the global trade rules reflected a meaningful unity within...

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Government Cuts Onion MEP to USD 150 a Tonne

-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...

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India’s fiction of victory at Bali - Biraj Patnaik

-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...

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Why beg at Bali? -Uttam Gupta

-The Indian Express India faces no risk of violating its commitments under WTO The Indian delegation, led by commerce minister Anand Sharma, is approaching the WTO Ministerial in Bali with a ‘begging bowl'. The government has agreed to the so-called ‘peace clause'-a euphemism for not taking any penal action for violating commitments under Agreement on Agriculture (AoA)-proposed by WTO Director General but with the caveat that this will remain in place until...

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Victory for India, food security programme intact in Bali deal

-The Hindustan Times As a teary-eyed World Trade Organisation (WTO) director-general Roberto Azevedo hailed the landmark trade deal at Bali, Indonesia, on Saturday after five days of gruelling negotiations, it was India, led by commerce minister Anand Sharma, who won plaudits for successfully piloting the grand-bargain for drawing up a permanent solution to food subsidies. The deal also makes it mandatory for member countries - as part of a trade facilitation agreement...

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