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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...

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India, US resolve WTO food security row -Remya Nair and Elizabeth Roche

-Livemint India, US resolve differences over public stockholding for food security, clearing way for WTO trade facilitation deal New Delhi: India and the US have resolved differences over public stockholding of foodgrains with the US agreeing to an indefinite "Peace clause" pending a permanent settlement-a development that makes possible the most significant global deal since the 1990s. US support for the massive public food stockholding programme also signals a political victory for...

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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...

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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...

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WTO talks set for revival as India nears deal with US, EU -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: After being in deep freeze for over three months, a global trade deal is finally in sight with the US and the European Union showing signs of accepting India's demand for providing flexibility to developing countries in fixing minimum support price for farm products. In return, India will sign the stalled international treaty on easier customs rules once an agreement on the contentious food security...

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