-The Indian Express Bali: In a landmark attempt to take forward the stalled Doha Round of global trade talks, the World Trade Organization (WTO) on Friday evening issued a revised draft of the Bali package that would address India's concerns on food security and take through the trade facilitation agreement. The draft has proposed an interim solution with a peace clause of four years during which a permanent mechanism will have to...
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No consensus yet at WTO meet over trade facilitation and food subsidy -Surabhi
-The Indian Express Bali: A consensus still eludes the 159 member nations of the WTO on issues of trade facilitation and food subsidy on the final day of the ninth ministerial talks of the group. After hectic parleys with India and the US that lasted till early Friday morning, another informal meeting by WTO director general Roberto Azevedo with all members also failed to yield results. Indications are that a final declaration from...
More »Anand Sharma, Commerce and Industry Minister interviewed by The Business Standard
-The Business Standard India remained firm on its stance as World Trade Organization (WTO) negotiations reached the third day in Bali. As Commerce and Industry Minister Anand Sharma ruled out any possibility of a compromise, whispers were already being heard of a possible collapse of the talks. Edited excerpts from the minister's press conference, which invited admiration as well as sharp criticism: * India has exceeded the de minimis requirements of the...
More »India rejects WTO offer on food security rules -Asit Ranjan Mishra
-Live Mint Anand Sharma urges updating of rules under agriculture deal to fix ‘inherent flaws', help developing countries New Delhi: India on Monday rejected the World Trade Organization's (WTO) offer on food security rules in its present form ahead of the biannual ministerial conference of the multilateral trade body beginning Tuesday in Bali, further hardening India's position on the issue. The present draft text prepared in Geneva provides developing countries temporary relief...
More »WTO's post-Bali plan may be govt's worry-Sidhartha
-The Times of India NEW DELHI: With the general elections just four months away and rollout of UPA's flagship Food Security Act at stake, commerce minister Anand Sharma is facing a challenge that few of his eight predecessors who attended WTO ministerial meetings have faced. Already, there is a demand to block a compromise formula or a "peace clause" that will prevent any WTO member from seeking penalties against a developing country...
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