Says India could help in reducing hunger or food insecurity
Blame game would serve no purpose
Fishing beyond 200 nautical miles (370 km) from the seashores of a country is called distant water or high sea fishing
China has benefited far more from the WTO than any other trading nation; it should step up and take responsibility for keeping the organization afloat by redefining its role
According to the minister, India has a number of Covid vaccines and can help other developing countries to make vaccines
Goyal said that the decisions taken in the conference will further strengthen the role of the multi-lateral body in promoting global trade
WTO experience highlights India's less-than-coherent approach towards trade
Outcomes for India were mixed
Piyush Goyal said perhaps this was the first ministerial where India set the agenda. "We were on the front foot. We were telling other countries what needs to be done"
Serum Institute says while patent waivers for Covid-19 vaccines are 'encouraging', demand for vaccines today is declining
At one stage, a series of demands from India appeared set to paralyse talks but accommodations were found, trade sources said
The members of the World Trade Organization (WTO), for the first time in a decade, finalised a historic deal at 12th Ministerial Conference (MC12). Read more in our top headlines
The four-day meeting was extended by a day
Negotiations on fisheries are going on and members are quite close to a deal with carve-outs for India and other developing countries, said an Indian trade negotiator on condition of anonymity
India reiterated Commerce Minister Piyush Goyal's view that any WTO vaccine agreement must also waive IP rights for Covid-19 diagnostic tests and therapeutic drugs, according to the readout
Special provisions provided to developing nations in all the agreements of the World Trade Organisation (WTO) through special and differential treatment are the non-negotiable matter for the emerging economies and they should be continued, commerce and industry minister Piyush Goyal said on Wednesday here. The gaps between the developing and developed members have not yet narrowed down in decades but in fact have widened in many areas. And because of that S&DT (Special and Differential Treatment) provisions continue to be relevant," he said. "S&DT is a treaty-embedded and non-negotiable right for all developing members," he added. The minister was speaking in the thematic session on WTO reform. As part of the proposed WTO reforms, developed countries are saying that developing countries are bypassing rules in the name of self-proclaimed development status in the WTO. On the other hand, developing nations, including India, are demandeurs for special and differential ...
WTO DG Ngozi Okonjo-Iweala told the more than 100 ministers present that time was running out and that they should "go the extra mile" to converge on the full range of issues
Piyush Goyal told a meeting of delegates Tuesday that it would not bend on demands for extensive exceptions on a 20-year negotiation to curb harmful government fishery subsidies
India strongly pitched to the WTO members for finding a permanent solution to the issue of public stock holding of grains, stating that one cannot tread the path of trade on an empty stomach
India wants to protect subsidies of several million low-income, poor traditional fishermen as it is a matter of livelihood for them