Bali decision ring-fences us completely: Anand Sharma

Interview with Commerce and industry minister

Nayanima Basu
Last Updated : Dec 07 2013 | 1:26 AM IST
Commerce and Industry Minister Anand Sharma believes the decision taken on Friday at the ninth ministerial conference of the World Trade Organization (WTO) at Bali gives India the freedom to launch food security programmes. In an interview with Nayanima Basu as the talks came to a close, a visibly elated Sharma said the decision gave India complete protection even if it breached the food subsidy limit under WTO rules. Edited excerpts:

Does the decision taken at Bali on Friday give India a complete freehand in launching food security programmes?

Food security is not part of trade negotiations. This is sovereign space. This deals with the procurement part and not consumption. But it ring-fences us completely - it ring-fences us against any breach, any action when it comes to de minimis, which we would breach because of the huge procurement.

So you admit there will be huge procurement in future. Will you be able to silence the critics then?

Critics should reflect that it is not only us, but there are other countries in the world that do the same and they cannot question the collective wisdom of all such countries. We were able to develop a strong coalition of developing countries from Asia, Latin America and Caribbean, which has demonstrated its unity and solidarity.

Do you see this as a landmark decision?

It is historic but it's also a landmark for the WTO as the first major decision made in the 21st century on global trade, particularly after the commencement of the Doha Round of trade negotiations. What India was steadfast about from the beginning was to have a horizontal balance in the Bali package and to ensure not only India's own food security programme but also the public stock-holding for food security programmes by developing and poor countries. That right was recognised and secured. This has been achieved. And what India had said is that the umbilical linkage between interim and permanent is there. This is exactly what we had demanded. This is a path-breaking decision since the establishment of the WTO.

Does this mean the Agreement on Agriculture (AoA) under WTO will now be amended?

There have been ongoing negotiations. The previous agreement based on the Uruguay round is inherently imbalanced and biased against developing countries; that is why support was mobilised and it became an imperative to launch a new round of negotiations, that is the Doha Development Round. The Doha round was reaching nowhere. This is the ninth agreement of the WTO and this is the first agreement that reinforces the centrality of the WTO as an organisation and this is the first harvest of the only trade round dedicated to development.

Does this event at Bali mark the relaunch of the Doha round or does it overshadow it?

The Doha round remains... This is integral to Doha. It is called the first harvest, or early harvest. And in this, we insisted for a horizontal balance, which is what India's demand was.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 07 2013 | 12:23 AM IST

Next Story