Cautious support for food stockpiling

While there has not been any breakthrough at the World Trade Organization ( WTO) mini-ministerial which ended on Tuesday, other nations have reportedly softened their position on key issues important to India such as food stockpiling.

“This includes the promise of continued talks on agriculture stockpiling for food security purposes. Any attempt by India to discuss these had been spurned by developed nations earlier, even in the last full ministerial meet in Buenos Aires, Argentina last year,” a senior commerce ministry official said. The mini ministerial, which saw the participation of 53 nations, had been called by India to ‘break the ice’ after the Argentina meet saw nations hardening their positions on key agricultural issues. “Historical asymmetries and imbalances in the Agreement on Agriculture were also highlighted,” the government has said.

“Members have committed to continue discussions on all issues, including on ones where we have not made any progress on the Doha Round,” WTO Director General Roberto Azevêdo said on Tuesday, hinting that the staunch refusal by other nations to cast out the agricultural discussions have changed.

Domestic consultations on key issues

The government is looking to ramp up its engagement with domestic stakeholders and the private sector regarding crucial issues that are being pushed hard by rich nations such as the European Union, Japan, Canada, and South Korea.

This includes topics such as a proposed set of global rules for e-commerce as well as an agreement on investment facilitation. Even on newer issues such as gender parity in trade and rules for micro, small and medium enterprises, a notable difference of opinion has been seen between the government and the private sector. “These discussions are required now to sensitise Indian industry on the government’s position as well as create a convergence of views on issues,” a senior trade expert from the Centre for WTO Studies said.