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Cabinet gives approval to the Approach to be adopted by India at the Eleventh Ministerial Conference of the WTO held in Buenos Aires, Argentina during 10-13 December 2017

News and Press Release - Dated:- 3-1-2018 - The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to the Note submitted by the Department of Commerce and approved the approach to be adopted by India at th .....

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erence. Background In the run-up to the Conference, decisions were expected on a permanent solution on the issue of public stockholding for food security purposes as per the Bali/Nairobi mandate and other agriculture issues. Some WTO member countries .....

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food security purposes or on other agriculture issues due to an absence of consensus. The Bali Ministerial Decision together with the General Council Decision of November 2014, which was reaffirmed at the Tenth Ministerial Conference of the WTO in De .....

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rices remain protected. Ministerial decisions taken during the Conference include a Work Programme on disciplines on Fisheries Subsidies with a view to arriving at a decision by the Twelfth Ministerial Conference of the WTO, in 2019. It was also deci .....

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anded for two years. Another moratorium on TRIPS non-violation companies was maintained, which prevents ever-greening of patents in the pharmaceuticals sector, thereby ensuring accessibility and affordability of generic medicines. Ministerial decisio .....

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