WTO ministerial convention consequence appears to be like hazy

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Geneva: An consequence from the continuing WTO ministerial appeared out of attain on the penultimate day of the convention as divergent views remained on fish and meals stockholding negotiations.

With the wealthy international locations unduly pressuring India to simply accept the choices on their phrases and New Delhi not giving in, nothing substantial is predicted from the talks. “We now have been strongly demanding an extension of the peace clause on public stockholding and in addition elevating our issues in opposition to the draft textual content on fisheries subsidies. However the best way issues are panning out, nothing substantial is predicted out of MC12,” a senior Indian negotiator mentioned on Tuesday, requesting anonymity.

“If not anything, we’ll proceed to have the peace clause. If some developed nations do not comply with it, then India will not signal the ultimate declaration in any respect. There’ll then be no declaration from MC12,” the negotiator added.

The official, who participated in all of the 4 technical classes together with the WTO’s response to the pandemic, meals safety, fisheries subsidies and agriculture, mentioned India wouldn’t succumb to the strain of the developed international locations because it did in the course of the Uruguay spherical (1986-94). “We now have made it amply clear we’ll choose established order ante somewhat than conceding the rights of our farmers and fishermen and ladies,” he mentioned.

The ministerial is scheduled to finish on Wednesday although there’s a buzz that it may very well be prolonged by a day if nothing substantial comes out of it by then.

(The author is in Geneva on the invitation of commerce and trade ministry)

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