The World Trade Organization (WTO) is likely to draft a revised text for an agriculture package to break the deadlock in farm talks at the meeting. Possible deliverables on improved transparency, including the advance notice for export limitations, exemption from export restrictions for the UN World Food Programme, can be part of the package.
- NTPC Green Energy Adds 50 MW Solar Power in Rajasthan
- Coffee Day Enterprises Settles Rs 25 Cr Loan With Kemfin
- GST Collections Rise 14.7% to Rs 2.04 Lakh Crore in September
- GPT Infraprojects Bags Rs 385 Cr South Africa Rail Order
- Cabinet Backs Rs 1.86 Lakh Cr Plan for Green Power Grid
The package comes after talks on farm subsidies got stuck as China, India, the African Group, and the Caribbean and Pacific countries insisted that trade-distorting support given by developed countries be checked first. On subsidies for public programmes, differences remain to expand the peace clause to all developing members and new products. The peace clause protects the food procurement plans of developing countries against action from WTO members if the subsidy ceilings of 10 per cent of the value of food production are breached.
Live
