India To Oppose China-Led Proposal, Advocate For Food Security At WTO Ministerial Meeting Beginning Tuesday
1 year ago

India To Oppose China-Led Proposal, Advocate For Food Security At WTO Ministerial Meeting Beginning Tuesday

ABP News  

New Delhi, Feb 25 India will strongly oppose a China-led proposal for an investment facilitation pact besides pressing for finding a permanent solution to public stock holding of grains for food security and protection of the interests of fishermen at the WTO ministerial meeting beginning Tuesday. The key issue of India's interests at the meeting relates to finding a permanent solution for its minimum support price issue for food security, agricultural reforms, fisheries subsidies, e-commerce moratorium on import duties, dispute settlement, and WTO reforms. *WTO reforms India advocates for inclusive reforms that consider developing countries' interests, against the backdrop of developed nations' proposals for flexible negotiation processes, dropping of decision-making by consensus and the integration of non-trade issues into WTO without consensus. India supports efforts to improve the working of the WTO but its key pillars like special and differential treatment for less developed and developing nations, equal voice and dispute settlement mechanism should be retained while undertaking reforms, an official said.

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