Trade Facilitation Agreement

Bali package at risk, many areas may suffer freezing effect: WTO chief

India's tough stand led to impasse in the WTO. India had decided not to ratify WTO's Trade Facilitation Agreement (TFA), which is dear to the developed world, without any concrete movement in finding a permanent solution to its public food stock-holding issue for food security purposes.

Hope WTO can move past impasse on customs deal, says China

Many WTO member states, including the United States, voiced frustration after India's demands led to the collapse of what was the first major global trade reform pact in two decades.

India opted for tough stand at WTO to protect poor: PM

International media has criticised India's stand at the WTO saying it would jeopardise the Bali agreement and hamper the credibility of the global multi-lateral trade body.

Defying WTO may win Modi assembly polls but can he sustain his stand?

BJP chose to stand its ground in WTO even at the risk of being isolated among the developing countries probably because of Modi's promise of ushering in a new kind of political economy based on the thinking of "Gandhi, Lohia and Deendayal Upadhyay".

Hope to convince WTO on food security issue by Sept: Centre

The government underlined that it will not compromise on its sovereign duty to protect the interest of its farmers and consumers at the WTO.

Failure to ink WTO trade deal to cost global economy $820 bn?

The failure to ink the WTO's trade facilitation agreement (TFA) may cost the global economy $820 billion and 16 million in terms of new jobs.

UN body backs India's tough stand at WTO on food security

India decided last week not to ratify WTO's Trade Facilitation Agreement, which is dear to the developed world, without any concrete movement in finding a permanent solution to its public food stock-holding issue for food security purposes.

WTO talks: Why Modi told Kerry his first priority was India's poorest

Modi stands his ground on food security, sends the message that he will put national interest ahead of international decorum, calls West's bluff on India being pushed to a corner.

How Modi's WTO stand is a far cry from UPA's weak trade policies

Through this bold decision, in which the the 31 July deadline for the Trade Facilitation Agreement (TFA) has lapsed, India has told the US and the EU that its primary concern is its hungry poor and not their goodwill. Without agreeing to safeguarding their food interests, India cannot agree to a treaty aimed at maximising (mostly) rich countries’ exports.

India willing to sign trade deal if WTO members agree to its demands

The deadline to sign the WTO pact to ease worldwide customs rules lapsed at midnight in Geneva on Thursday after India demanded that the group also finalise an agreement giving it more freedom to subsidise and stockpile food grains than is allowed by WTO rules.