Agri trade report widens India-US rift at WTO
The Dollar Business Bureau A report by an agricultural trade lobbying firm on developing nations especially India, might bring the equations between India and US back to square one. DTB Associates on Friday has reported that China, Turkey, Brazil, Thailand and India have hiked their minimum support prices for crops as also overlooked the permissible AMS (aggregate measure of support). For developing countries, under the Doha Declaration, special and differential treatment is integral to support these nations to comfortably meet their needs especially, food security. On Friday, the Unites States vis-à-vis the trade negotiation on agriculture, wanted to introduce the concept of “differentiation” among developing nations, which was not acceptable for countries like China and India. Asking US to ...
