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WTD: United States, India reach agreement on food security issues

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.