Commerce And Industry Minister Suresh Prabhu
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WTO food security row: India expresses 'deep disappointment' as permanent solution not acceptable to US
•India had the support of over a 100 WTO member countries on all agriculture issues including proposal to set the direction of agriculture reforms by first eliminating the most trade-distorting form of subsidies used mainly by the rich developed countries.
Export incentives are investment, not subsidy, says commerce minister Suresh Prabhu
•Exports have both domestic and global benefits, Suresh Prabhu said, adding that on the external front, the outbound shipments create an economic footprint globally, which has its own geo-political advantages