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India seeks permanent solution to long-pending food stockpile issue at Abu Dhabi WTO meet

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Published Feb 27, 2024

Tridge summary

India has called on World Trade Organisation (WTO) members to resolve the longstanding issue of public food stockpiling, a key factor in achieving zero hunger by 2030. Commerce and Industry Minister Piyush Goyal suggested that non-trade-related topics such as climate change, gender, and labour should be handled by relevant intergovernmental organizations, not the WTO. India has been pushing for changes to the food subsidy cap calculation formula for years. In 2013, WTO members agreed to a temporary solution, the Peace Clause, which protects developing nations from challenges if they exceed the set limit.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

New Delhi, Feb 26 (PTI) India on Monday called on WTO members to find a permanent solution to the long-pending public food stockpile issue, saying it is directly related to achieving the sustainable development goal of zero hunger by 2030. Commerce and Industry Minister Piyush Goyal said that the World Trade Organisation (WTO) should not negotiate rules on non-trade-related subjects like climate change, gender, and labour and rather these should be addressed in respective intergovernmental organizations. This continues to be a long-pending issue for the last few decades and despite having a clear mandate agreed by the members in the past, finding a permanent solution on PSH remains an unaccomplished agenda on which we have to deliver in MC13. Trade ministers of 164 WTO-member countries are gathering in Abu Dhabi for the 13th ministerial conference (MC13). The highest decision-making body started the four-day meet on February 26 in the UAE. The PSH programme is a policy tool under ...
Source: Theprint
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