July 19, 2017 6:10 PM

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Sitharaman calls upon WTO members to find permanent solution on public stockholding of grains for food security programmes

Commerce Minister Nirmala Sitharaman has called upon World Trade Organisation (WTO) members to find a permanent and lasting solution on public stockholding of grains for food security programmes. <br/><br/>Speaking at the Graduate Institute in Geneva yesterday, she said a successful resolution of this issue without any undue concessions, compromise or unreasonable conditions would send out a strong signal that trade openness and addressing hunger need not be in conflict. <br/><br/>She also said India has often been perceived as being less than enthusiastic towards new issues such as e-commerce in the negotiations and is even sometimes accused of standing in the way of the WTO's progress.<br/><br/>Developed countries, including the US, are pushing for inclusion of certain new issues like investment facilitation and e-commerce in the WTO agenda. The Minister said discussions on new issues divert attention from priority areas for which mandates exist.

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