The Ninth WTO Ministerial Conference will be held in Bali, Indonesia, from December 3 to 6.
A day after Commerce Minister Anand Sharma asserted that India will secure and protect its right to food security and strive for a permanent immunity from any kind of farm subsidy breach, he is likely to unequivocally convey to his interlocutors that India's concerns on food security are non- negotiable.
Sources said he will underscore the fact the Bali ministerial meet must have a fair and balanced outcome, addressing concerns of developing countries adequately, especially on food security.
The Minister is expected to take a position that India's public stock-holding programme for public distribution system cannot be compromised for minor gains of developed countries.
Sharma is likely to underscore India's commitment for the LDC (least developed countries) agenda where India has taken a unilateral decision for zero duty access covering 96.2 per cent of tariff lines.
Sharma may also pitch for a balanced outcome which addresses India's food security concerns and not just an outcome which concerns the interests of the strong exporting economies of the developed world.
However, developed countries might oppose India's stance vis-a-vis agreement on food security.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
