India rejects WTO Peace Clause proposal

November 25, 2013 0 Comments

New Delhi, November 23, 2013 Puja Mehra

At a meeting between Prime Minister Manmohan Singh and Commerce & Industry Minister Anand Sharma it was agreed on Friday that India cannot agree to the Peace Clause for agriculture subsidies that the World Trade Organisation (WTO) Director-General Roberto Azevedo has proposed for Bali.

In no situation can India’s food security be dictated, said Dr. Singh at the meeting, according to highly-placed Commerce Ministry sources. The Prime Minister’s instructions are that “India will not agree to any deal at Bali until it is certain that the proposed interim solution will be available till a permanent solution to the issue of India’s minimum support prices (MSP) breaching the WTO norms has been found and agreed to,” the officials told The Hindu .