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India demands safeguards
from import surge at WTO
Contd…
India on Thursday said that WTO members need to allow developing
countries use special safeguard measures (SSM) to raise tariffs in case of an
import surge as it sought additional ammunition to deal with possible spikes
in dairy , poultry and apple shipments into the country .
Days before the ministerial meeting in Nairobi, the government listed out its
priorities with commerce and industry minister Nirmala Sitharaman stating
that India should not be made to pay twice to get a permanent solution to its
food security problem after having agreed to a package that included a trade
facilitation agreement to ease restrictions on flow of goods at ports and
airports. “I am not looking at the permanent solution to public stockholding
as a demand because I presume it's been agreed in Bali... Let's honour Bali ...
let's deliver Bali.“
Contd…
She underlined the need to move ahead on the issue as it would allow
the government to ensure that farmers received adequate
compensation and there were sufficient food products to meet the
requirements of the public distribution system. But there are two other
critical elements on India's wish list.
“Our wish-list would certainly be that we say no to the differential
treatment... I certain ly want SSM to protect (farmers) from any surge
(in imports) that may happen,“ the minister added.
Contd…
Commerce secretary Rita Teaotia added that the demand for SSM was
not out of place given that similar facility was available to other
countries. Besides, she added that the facility was meant to counter
the impact of a surge from subsidised imports from developed
countries.
Talks at WTO are deadlocked as the 162 members cannot narrow their
differences on a variety of trade issues. Given the stalemate, the
developed countries are demanding that the Doha Round of
negotiations should be ignored and new issues be included.
For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015

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India demands safeguards from import surge at wto

  • 1. India demands safeguards from import surge at WTO
  • 2. Contd… India on Thursday said that WTO members need to allow developing countries use special safeguard measures (SSM) to raise tariffs in case of an import surge as it sought additional ammunition to deal with possible spikes in dairy , poultry and apple shipments into the country . Days before the ministerial meeting in Nairobi, the government listed out its priorities with commerce and industry minister Nirmala Sitharaman stating that India should not be made to pay twice to get a permanent solution to its food security problem after having agreed to a package that included a trade facilitation agreement to ease restrictions on flow of goods at ports and airports. “I am not looking at the permanent solution to public stockholding as a demand because I presume it's been agreed in Bali... Let's honour Bali ... let's deliver Bali.“
  • 3. Contd… She underlined the need to move ahead on the issue as it would allow the government to ensure that farmers received adequate compensation and there were sufficient food products to meet the requirements of the public distribution system. But there are two other critical elements on India's wish list. “Our wish-list would certainly be that we say no to the differential treatment... I certain ly want SSM to protect (farmers) from any surge (in imports) that may happen,“ the minister added.
  • 4. Contd… Commerce secretary Rita Teaotia added that the demand for SSM was not out of place given that similar facility was available to other countries. Besides, she added that the facility was meant to counter the impact of a surge from subsidised imports from developed countries. Talks at WTO are deadlocked as the 162 members cannot narrow their differences on a variety of trade issues. Given the stalemate, the developed countries are demanding that the Doha Round of negotiations should be ignored and new issues be included.
  • 5. For details and bookings contact:- Parveen Kumar Chadha… THINK TANK (Founder and C.E.O of Saxbee Consultants & Other-Mother marketingandcommunicationconsultants.com) Email :-saxbeeconsultants@gmail.com Mobile No. +91-9818308353 Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015