WTO removes subsidies helps Indian cotton farmers
The Dollar Business Bureau On the removal of subsidies on cotton exports by developed member countries of the World Trade Organisation (WTO), the Government of India said that it would help Indian cotton growers and prevent other countries from dumping subsidised products into India. Under the Nairobi Ministerial Declaration of WTO, the decision to eliminate subsidies on cotton exports will help the Indian exporters as it will provide an equal opportunity for local farmers, who were earlier not allowed subsidies, while other developed nations were offering the same to their farmers, the Ministry of Commerce said in a release. The Government of India is committed to the well-being of the country’s cotton farmers. To safeguard them, it has ...
Reform process started in Doha in jeopardy: India tells WTO
The Dollar Business Bureau The process of agricultural trade reform started during the WTO conference at Doha in 2001 will be in jeopardy if members try to shift focus on new issues, Indian Commerce Minister Nirmala Sitharaman said at the 10th ministerial conference of the global body in Nairobi. “The reform process which was started after the Uruguay Round in the form of the Doha Round appears to be in jeopardy. Negotiations have spilled over into Nairobi, which makes matters very complicated. The manner and haste with which important negotiating meetings are being convened does not inspire confidence,” Sitharaman said. Negotiations on reducing export subsidies, domestic support and import duties on agricultural products were part of the Doha Development Agenda (DDA). ...
India to pitch for permanent solution to food security issue at WTO
Source: PTI Backed by several developing countries, India will strongly pitch for finding a permanent solution to the food security issue and a mechanism to protect poor farmers from surge in imports at the WTO meeting of 160 trade ministers', beginning in Nairobi on Tuesday. During the four-day meet, India wants the multi-lateral body to deliberate on pending issues of the Doha Round and deliverables of the Bali package, including issues of the least developed countries. “Focus of the deliberations will include issues relating to continuance of the Doha negotiating mandate; finding a permanent solution to the issue of public stock holding for food security; special safeguard measures,” an official said. The negotiations, launched at the Qatari capital in 2001 and ...
