More

    Strong Indian Pitch at WTO to Protect Interests of Developing and Under-Developed Countries

    GovernanceAccountabilityStrong Indian Pitch at WTO to Protect Interests of...
    - Advertisment -

    Strong Indian Pitch at WTO to Protect Interests of Developing and Under-Developed Countries

    India raised concerns about the “skewed” WTO reforms proposal and spoke of the need to retain the S&DT provisions for the developing world, global inequities in COVID-19 vaccination and Public Stockholding of food grains.

    India on Sunday made a strong pitch for protecting the interests of the developing and under-developed countries at the 12th Ministerial Conference of the World Trade Organisation in Geneva. Piyush Goyal, India’s Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles raised concerns about the “skewed” WTO reforms proposal.

    He stressed on the imperative need to retain the Special and Differential Treatment (S&DT) provisions for the developing world, global inequities in COVID-19 vaccination and public stockholding of food-grains.

    Speaking on the ‘Challenges confronting the Ministerial Session’, the Indian minister said the current proposals for WTO Reform could fundamentally change its institutional architecture, skewing the system against the interests of developing countries.

    - Advertisement -

    “We need to move ahead preserving the core principles of consensus and ensuring S&DT, with people and development being at the core of WTO’s future agenda,” he said.

    “Those who question the need for S&DT provisions are aware that the per capita GDP of the developed countries is 20 to 50 times that of the developing countries,” he said, arguing that even India is at the lower end of the per capita GDP supporting 1.4 billion people.

    “I believe the developing world aspires to work for a better future. Is it humane, fair or even equitable that the developing world takes the same obligations as the developed nations,” he questioned.

    Vaccine inequity

    Goyal said the COVID-19 pandemic has exposed the inability of the world to promptly respond to any crisis, whether on food security or health, economic well-being or the open supply chains.

    “When the world was desperately looking for relief, the WTO was found wanting – as an example, vaccine inequity persists even two years after COVID,” he said, referring to people in the least developed countries and also several developing countries still unable to get vaccinated while other countries have already administered the third or even fourth dose.

    “This is a collective failure of global governance and we need to introspect. Those responsible need to seriously reflect deep within their hearts, it will help us craft a more equitable, fair and prosperous future for every citizen of the world and finally achieve the Sustainable Development Goals we had all collectively agreed upon.”

    The minister urged prioritising addressing mandated issues like the Permanent Solution to Public Stockholding agreed nearly a decade ago to rebuild trust and credibility.

    Hunger

    “The current global food crisis is a reminder to us that we act now”, he said, questioning, “Can we risk the lives of millions of people dependent on food stocks maintained for the poor and vulnerable?”.

    “During the pandemic, India alone distributed 100 million tonnes of food-grain free of charge to 800 million Indians at a cost of nearly US$50 billion. This was over and above the food-grain distributed as a part of our National Food Security Programme thus ensuring that nobody ever slept hungry,” he said.

    Goyal argued that while negotiating the fisheries subsidies, the livelihood of traditional fishermen cannot be compromised.

    “We cannot institutionalize the privileges of a few countries and take away the right to progress for those who are working for the vulnerable marginalized sections of society, particularly for countries not engaged in harmful deep sea fishing, we need to have different views. Otherwise, we may have a similar situation like the Agreement on Agriculture, where inequities and asymmetries persist, causing several countries to still depend on food aid,” he said.

    - Advertisement -

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest news

    Nepal’s Sexuality Education Gap Leaves Students in the Dark

    At grades 9 and 10 – when many adolescents confront relationships, peer pressure and bodily changes – health becomes optional.

    Bangladesh Faces Prolonged Economic Recovery as Key Indicators Worsen

    Monetary indicators showed the clearest gains through lower inflation, while the external sector recorded the sharpest deterioration.

    India Pushes Proactive Drought Resilience Over Reactive Relief at UNCCD COP17

    As COP17 continues through its thematic days on finance, water, land and people, and food systems and soil health, the focus remains on moving from declarations to measurable action.

    Europe’s Scorching Summer Slashes Grain Harvest by Nine Million Tonnes, Inflicting €2 Billion Blow on Farmers

    Farmers across the continent face another difficult and expensive harvest after consecutive years of drought, floods and heat.
    - Advertisement -

    ADB Targets $2 Billion for Asia-Pacific Land Restoration Under New FIELD Initiative

    Land degradation and desertification pose a critical threat to ecosystems that sustain millions of rural communities and underpin economic growth.

    India Restores Over 21 Million Hectares of Degraded Land, Environment Minister tells UNCCD COP17

    The achievements position India as a leader in translating large-scale restoration pledges into on-ground results that benefit both ecosystems and people.

    Must read

    Nepal’s Sexuality Education Gap Leaves Students in the Dark

    At grades 9 and 10 – when many adolescents confront relationships, peer pressure and bodily changes – health becomes optional.

    Bangladesh Faces Prolonged Economic Recovery as Key Indicators Worsen

    Monetary indicators showed the clearest gains through lower inflation, while the external sector recorded the sharpest deterioration.
    - Advertisement -

    More from the sectionRELATED
    Recommended to you