Aggregate Measure News Today

Making sense of food security and agriculture negotiations at MC13

Highlighting the issue of public stockholding for food security at World Trade Organization (WTO) 12th Ministerial Conference (MC12), Union Minister of Commerce

Get latest articles and stories on World at LatestLY. Highlighting the issue of public stockholding for food security at World Trade Organization (WTO) 12th Ministerial Conference (MC12), Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal on Tuesday asked, "What is holding back WTO, still no solution to public stockholding for food security." World News | Piyush Goyal Raises Issue of Public Stockholding for F...

The Day 3 at WTO was beset by severe headwinds, with many countries, including India, objecting to the text of the draft agreements on agriculture and fisheries, especially related to subsidies.

This seems to be a desperate move by the head of the WTO as member nations are sticking to their entrenched positions, signalling that a "no solution" scenario is far better than going back home with an "adverse solution".

Union Minister Piyush Goyal said that the world is in a situation, where the temporary declarations are not going to help the countries rather the Permanent Solution to Public Stock Holding, pending for more than 9 years, is not yet being taken up for closure.

"WTO is an organisation for trade, but one should remember that before trade, there comes hunger and one cannot tread the path of trade on an empty stomach," Piyush Goyal said.

The prospects of a wide-ranging World Trade Organisation deal on curbing 'harmful fishing subsidies' was dashed by India on Tuesday, with Union Commerce and Industry Minister Piyush Goyal saying that the deal was "unacceptable"

Get latest articles and stories on World at LatestLY. India on Tuesday strongly pitched to the WTO members for finding a permanent solution to the issue of public stock holding of grains for food security programmes, stating that one cannot tread the path of trade on an empty stomach. World News | One Cannot Tread the Path of Trade on an Empty Stomach: Goyal at WTO Meet.

18706 2 Devinder Sharma Food & Agriculture Specialist Addressing the Oxford Real Farming Conference last week, I said that the iconic farmers movement in India will have tremendous global implications. If the Indian farmers succeed in making Minimum Support Price (MSP) a legal right, it will cause major disruptions in international trade, with focus shifting from trade competitiveness to first ensuring that the livelihoods of farmers — the primary producers — everywhere in the world become ...