WTD: United States, India reach agreement on food security issues
November 05, 2014 | 03:01 PM
The United States and India have resolved their differences over New Delhi’s demands on public stock holding of food as part of the post-Bali work program of the Doha Development Agenda at the World Trade Organization, Washington Trade Daily has reported.
The agreement should break an impasse for implementation of a trade facilitation agreement.
India’s chief trade negotiator J. S.Deepak and U.S. Deputy Trade Representative and U.S. Ambassador to the WTO Michael Punke held a brief meeting at the American mission today to finalize the revised understanding to further clarify the Bali ministerial decision on public stockholding programs for food security, WTD said.
“It is a positive outcome,” said an official after the meeting between India and the United States, according to the WTD report.
The agreement should break an impasse for implementation of a trade facilitation agreement.
India’s chief trade negotiator J. S.Deepak and U.S. Deputy Trade Representative and U.S. Ambassador to the WTO Michael Punke held a brief meeting at the American mission today to finalize the revised understanding to further clarify the Bali ministerial decision on public stockholding programs for food security, WTD said.
“It is a positive outcome,” said an official after the meeting between India and the United States, according to the WTD report.