Commerce and Industry Minister Anand Sharma will be leading a 30-member delegation for the four-day World Trade Organization's ministerial conference starting from Tuesday.
"... India will be firm on the core agenda of food security, while being persuasive and constructive," an official statement said today.
According to the statement, Sharma is also likely to strongly raise the issue of subsistence farmers of India at the G-33 meeting being convened tomorrow in Bali ahead of the ministerial conference.
"The Minister will underscore the fact that the Bali ministerial must have a fair and balanced outcome, which addresses the concerns of developing countries adequately, especially so on food security," it said.
The Commerce Minister is also likely to underscore India's commitment for the Least Developed Countries (LDC) agenda where India has taken a unilateral decision for zero duty access covering 96.2 per cent of tariff lines.
"India will demonstrate its constructive engagement, as it has unequivocally endorsed 3 out of the 5 issues under consideration of the WTO-namely, LDC issues, tariff rate quota and export competition," the statement said.
Developed countries like US and Canada have raised apprehensions that food stockpiling exercise of India and other developing nations to implement food security plans will breach the 10 per cent subsidy cap under the WTO's Agreement on Agriculture (AoA).
India is demanding amendment in the WTO Agreement on Agriculture, under which farm subsidy is capped at 10 per cent. India is apprehensive that it may breach the cap while implementing its food security plan. Under the plan, government would provide wheat and rice at cheap rates to poor people.
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
