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India Asserts Strong Position on Public Stockholding at WTO Ministerial Conference

India Advocates for Equitable Agricultural Trade Policies at WTO Ministerial Conference: Emphasizes Need for Permanent Solution on Public Stockholding

Deeksha Upadhyay 26 April 2024 08:59

India Asserts Strong Position on Public Stockholding at WTO Ministerial Conference

13th ministerial conference of the World Trade Organization (WTO)

At the 13th Ministerial Conference of the World Trade Organization (WTO), India has taken a decisive stance concerning the need for a permanent solution regarding public stockholding for food security. The country's delegation emphasized several key points during the conference, reflecting its commitment to addressing critical issues in global agricultural trade.

Firstly, India highlighted the necessity of broadening the focus of the WTO beyond merely catering to the trade interests of agricultural exporters. Instead, the organization should prioritize addressing fundamental concerns such as food security and sustaining livelihoods, especially in developing countries. India called for a shift in perspective, urging the WTO to play a more proactive role in addressing these pressing issues that affect millions around the world.

Secondly, India underscored the importance of public stockholding programs for developing countries in ensuring food security for their populations, particularly vulnerable sections of society. While the current WTO rules provide some leeway for developing countries regarding such programs, India advocated for a permanent solution that acknowledges the unique development needs of these nations. This includes ensuring that public stockholding programs are not subject to temporary provisions but are instead recognized as integral components of national food security strategies.

Additionally, India emphasized the need for creating a level playing field in international agricultural trade, especially for low-income or resource-poor farmers globally. This aligns with the broader goal of promoting fairness and equity in trade practices. India pointed out disparities in domestic support provided by countries to their farmers, highlighting the need for greater transparency and accountability in agricultural trade policies.

Moreover, India's delegation reiterated the importance of the WTO Agreement on Agriculture (AoA) in regulating international trade in agricultural products. While the AoA aims to promote fair trade practices by reducing trade barriers and promoting market access, challenges persist, particularly concerning subsidies and breach of prescribed ceilings. India stressed the importance of mechanisms like the 'peace clause' in addressing these challenges and ensuring that developing countries can pursue policies essential for their food security without facing undue repercussions.

In conclusion, India's active participation in the WTO Ministerial Conference reflects its commitment to advocating for equitable agricultural trade policies that prioritize the needs of developing countries. By highlighting the importance of public stockholding, addressing disparities in domestic support, and advocating for fair trade practices, India seeks to ensure that agricultural trade policies promote food security, livelihood sustainability, and economic development for all nations.

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