-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...
More »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...
More »Food security at WTO: Ministry officials to meet PM today -Amiti Sen
-The Hindu Business Line Commerce Ministry officials to meet PM today for consent on negotiating stand With the US softening its position on India's food security concerns at the World Trade Organisation (WTO), the Prime Minister's Office will now take a final call on what could be an "acceptable" solution for India on the issue. Top officials from the Commerce Ministry are scheduled to meet Prime Minister Narendra Modi on Monday to finalise...
More »What is novelty? -Rajshree Chandra
-The Indian Express The era of globalised markets is also an era of globalised sovereignties. Nation states must constantly sync their policies with global constituencies of policies and citizens. At times, domestic disharmony is the price nation states may be required and willing to pay. The case in point here is the proposed review of the intellectual property rights (IPR) policy, particularly those clauses that are related to pharmaceutical patent policy....
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