Never miss a story

Get subscribed to our newsletter


×

New Delhi: India negotiated hard at the WTO’s recent Nairobi ministerial meeting to ensure that the interests of developing countries remain at the centre of the multi-lateral trade body’s agenda, parliament was informed on Tuesday.

“India negotiated hard to ensure that the WTO continues to place the interest of developing countries and LDCs (least developed countries) at the centre of its agenda,” Commerce Minister Nirmala Sitharaman told the Lok Sabha.


Some developed countries, including the US, are opposed to the continuation of the Doha Development Round negotiations launched in 2001, she said in a statement to the House, following her return from Nairobi meeting that concluded on Saturday.

Even as rich nations conceded to the demands of emerging economies on issues such as finding a permanent solution to disputes over government stockpiling of food for security, India protested the non-inclusion of the development agenda at the latest trade talks.

The Nairobi Ministerial Declaration acknowledged that members have different views on how to address the future of the Doha Round, but also noted the strong commitment of all members to advance negotiations on the remaining Doha issues, Sitharaman said.

“India not only made a statement to this effect at the closing ceremony on December 19 but also made a written submission to the Director-General, WTO and the Chair of the 10th Ministerial Conference,” the minister said.

She also said on demand from a large number of developing countries for a Special Safeguard Mechanism (SSM) for agricultural products, India negotiated a ministerial declaration that recognises that developing countries will have the right to have recourse to an SSM.

The SSM allows developing countries to resort to higher customs duties on some farm produce to protect the interests of its farmers.

As the future of WTO’s Doha Development Agenda (DDA) appeared in doubt, India succeeded in obtaining a re-affirmative ministerial decision on public stockholding for food security purposes, Sitharaman said.

India’s statement issued at the end of the Nairobi talks said: “Notwithstanding the difficulty in the negotiations, the draft declaration reflects India’s demand for a reaffirmation from all members to work towards a permanent solution on public stockholding.”

On new issues like investment and e-commerce being pushed by developed countries, Sitharaman said the Nairobi Declaration acknowledges the differences in views and
states that any decision to launch negotiations multilaterally would need to be agreed by all members.

The minister said all countries agreed to the elimination of agricultural export subsidies subject to the preservation of special and differential treatment for developing countries such as a longer phase-out period for transportation and marketing export subsidies.

“The reduction in the massive subsidization of the farm sector in developed countries, which was the clear-cut mandate of the DDA, is now not even a subject matter of discussion today, leave aside serious negotiations,” Sitharaman had said at the plenary session at Nairobi.

She told the Lok Sabha on Tuesday that the Nairobi ministerial decision contains disciplines that “include terms to limit the benefits of financing support to agriculture exporters, rules on state enterprises engaging in agricultural trade and disciplines to ensure that food aid does not negatively affect domestic production. Developing countries, such as India, are given longer time to implement these rules.”(IANS)


Popular

getty pictures

Divorce proceedings

Divorce is a hard fact in someone's life because it can affect all aspects of life like social, economic, and living status. Conditions become tougher if you have children. Recovering from divorce is also a painful process but good thing is that it is possible to get through it and place better in terms of both finances and emotions. The impact of divorce on finances can be life-lasting but taking precautions and thorough investigations of options can help a lot not only to save unnecessary costs but also some other hidden areas where you weren't aware. Following are some tips to save money during a divorce.

1.Avoid advice from everyone

Keep Reading Show less
ryunosuke kikuno/unsplash

Hosting the Olympics is an economic burden on host cities which mainly include construction delays, cost overruns, security issues, and environmental concerns.

By Saish

Gone are those days when people, sports enthusiasts, and governments lined up to host the Olympics. Hosting the Olympics, once seemed to be an immensely prideful event, but it has now transformed into an economic burden. Host cities grapple with a plethora of problems which mainly include construction delays, cost overruns, security issues, and environmental concerns.

Keep Reading Show less
ians

Tokyo Olympics 2020 Indian wrestler Ravi Kumar enter semi finals.

Indian wrestler Ravi Kumar (57kg) and Deepak Punia (86kg) enjoyed fruitful outings at the Tokyo Olympic Games as they secured semifinal berths in their respective weight categories at the Makuhari Messe on Wednesday.

On the opening day of the wrestling competition, Ravi Kumar defeated Bulgaria's Georgi Vangelov 14-4 on technical superiority to reach the last-four in the men's 57kg category, while compatriot Deepak Punia overcame China's Zushen Lin 6-3 on points to advance to the semifinals.

Ravi Kumar will take on Nurislam Sanayev of Kazakhstan in the last-four, while Punia will be up against David Morris Taylor of the USA.

Earlier, Ravi Kumar had won his opening-round bout by technical superiority against Colombia's Oscar Tigreros to secure a quarterfinal spot. Competing in the Round-of-16 bout against the Colombian wrestler, the 23-year-old Ravi Kumar, who is making his Olympic debut, showed no nerves as he dominated the bout to win by technical superiority (13-2).

Ravi Kumar landed attack after attack and went 13-2 up, winning the bout by technical superiority with minutes to spare. In wrestling, building up a 10-point lead over the opponent results in a victory by technical superiority.

India's 86kg freestyle wrestler Deepak Punia showed no signs of the niggle that had forced him to pull out of the Poland Open Ranking Series in Warsaw in June, as he defeated Nigeria's Ekerekeme Agiomor on technical superiority to secure a quarterfinal berth.

He got his Olympic campaign to a fine start as he was in control from the start of the bout and hardly ever allowed his Nigerian opponent any room to maneuver his moves, finally winning with a 12-1 on technical superiority.

Punia, who had also suffered an elbow injury just before the Games, was slow at the start but came into his own as the bout progressed, inflicting takedowns at regular intervals to earn points.

The Indian wrestler eased into a 4-1 lead at the break and extended his lead comfortably in the second period.

Punia, the silver medallist from the 2019 world wrestling championships, then set up a clash with China's Lin Zushen in the quarterfinals and defeated him 6-3.

(IANS/HP)