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Going Slow on Future Liberalisation Commitments Under World Trade Organization

News and Press Release - Dated:- 10-3-2016 - The outcomes in the area of agriculture in the Nairobi Ministerial Conference are results of the demands of developing countries including India. Among these, the Decision on Public Stock holding for Food Security Purposes and a Special Safeguard Mechanism for the developing countries acknowledge the special requirements of the developing countries to protect the livelihood and food security of their farmers. India was at the forefront of negotiating .....

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g the base year 1986-88. Mostly developed countries like the US, EU, Norway, Australia, Canada, New Zealand, Switzerland, Liechtenstein and some developing countries like Brazil, Columbia etc. are entitled to provide export subsidies as per Agreement on Agriculture (AoA). India could use only a special and differential provision of AoA that allows developing countries to use subsidies aimed at reducing the cost of marketing including internal and external transport as well as handling and proces .....

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