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World Trade Organization addresses India's concerns, issues revised draft-Surabhi

-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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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...

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Members make fresh attempt for deal as WTO meet stretches-Sidhartha

-The Times of India BALI: The World Trade Organization (WTO) is making a fresh bid to break the deadlock with the multilateral body set to propose its own package to trade ministers from 159 countries amid clear signs that the meeting will go beyond its scheduled close. WTO director general Roberto Azevedo spent the night holding consultations with commerce and industry minister Anand Sharma and US trade representative Michael Froman stretching until...

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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...

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Sharma Slams Reports of Politicisation of Food Security -Rajesh Rai

-Outlook Bali: Dismissing the suggestion that India was insisting on food security because of the ensuing general elections at home, Commerce and Industry Minister Anand Sharma today said New Delhi was only pursing an old proposal and stressed that "no agreement" would be better than a bad one. The Minister, at a packed press conference, made it clear that New Delhi was not prepared for any compromise on the food security issue,...

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