India scored a goal at the World Trade Organization (WTO) member because it did not respond to Pandemi on time while urged the multilateral trade agency to give priority to permanent solutions for public share ownership before moving to new areas.
India also attaches to its hard stand on fisheries subsidies, demanding that rich countries currently provide non-specific fuel subsidies must be subject to a kind of discipline.
Speaking at the Plenary Session of the 12th WTO Minister of Minister Conference in Geneva on Sunday, Minister of Trade and Industry Piyush Goyal said the WTO should not negotiate rules about subjects that are not related to trade such as climate and gender changes, which are legally included in the domain of inter. -GOVERNMENTA OTHERS ..
His statement assumed the significance after the decision regarding plurilateral about the environment, gender and MSMEs that entered the draft results of the MC12 WTO even though many countries were against the initiative.
Goyal said the humanitarian crisis triggered by the spiral of food inflation was “in-depth problem” and Pandemi Covid-19 had strengthened the needs and efficacy of ownership of food stock for public goods.
Fighting for our farmers’ rights within one hour after landing at the WTO, Geneva at the G33 Minister’s meeting. Discusses the prospects for permanent solutions for public stock ownership for food security with Dg Ngozi Okonjo-iweala and my colleagues from the development and natio at least developed.
Goyal clarifies that the country will not be curved under pressure from developed countries to sign any agreement, including those in fisheries subsidies, during the Global Trade Meeting on June 12-15 as a new text from the draft pact overcome his concern.
In the plenary, he also said that India increased the supply of medical products to provide medical goods and global health but the WTO could not respond in vain. “Rich countries need introspection. We need to bow our heads because of shame because of our inability to respond to Pandemi,” Goyal said. “We have disappointed LDC people and developing countries.”
Conversely, countries responsible for drained fish stocks must bear responsibility, after exploiting the ocean for too long by providing subsidies, “he said.
In return to the question ET about whether the awaited fisheries subsidy pact can be passed against the background of Indian hard opposition, Director General of WTO Ngozi Okonjo-iweala said, “We will try our best to get an agreement on fisheries subsidies. We know we are located In a good stage. But whatever happens, I want you to know we have made so much progress that we will land it now or later (MC13), “signaled the possibility of finding a solution only by the next minister ..
India introduces components on deep ships for traditional fishermen only in 2020-21 under its flagship RS 20,050-Crore PM Matsya Sampada Yojana.
While reiterating that New Delhi wants to complete the pact to end irrational subsidies and excessive fishing, India clarifies that to achieve sustainability, subsidist for big fishing (for example EU, US, China, Japan et al) must take greater responsibility for Reducing subsidies and fishing capacity of their fish.
Other formal negotiations scheduled for MC12 for four days including the WTO response to Pandemi, including the neglect of aspects related to trade from intellectual property rights (travel); Food safety – the two subjects scheduled for June 13; Fisheries and Agriculture Subsidies on June 14, and finally, Reform and E -commerce WTO on June 15.
G33, Bilateral
At the meeting of Minister G33, he asked the G-33 group developing countries to work collectively and reach the same-minded countries to get their support in getting fair, balanced and centered on the WTO results that must include a permanent solution for shareholders public and special protection mechanisms. The G33 group includes 47 developing and most advanced countries.
The minister said that the two items, especially in this agenda, were a solution for public share ownership and special protection mechanisms to overcome the effects of destabilization and paralyze from the surge in imports and downward price movements mostly due to large subsidies by developed countries.