Author: Kirtika Suneja
Any views expressed in this article are those of the author and not of Philippine Statistics Authority.
BUENOS AIRES: India's expectation of finding an improved solution to be able to purchase, stockpile and distribute food has not gone down well at the ongoing ministerial meeting of the World Trade Organization (WTO).
A senior Kenyan trade official said that though WTO has a clear mandate on public stock holding (PSH) and it is the number one item in terms of an expected outcome by the end of the ongoing meeting as "there are good proposals on the table and fantastic engagement on the issue" but India's expectation is a problem.
"India's expectation of an improved PSH is the key bone of contention," said a senior
Kenyan official on Sunday, the first day of WTO's eleventh ministerial conference here.
India has said it is not willing to take more onerous conditions but wants simpler notification rules while submitting crop related data under its various food procurement programmes as an improved permanent solution. The improvement is compared with the existing perpetual peace clause under which no country can take legal action against it if it fails to limit its public procurement of foodgrains such as wheat and rice to within 10% of the value of the crop as mandated by the organisation.