The United States (US), European Union (EU), Australia, Japan and Pakistan are among the countries insisting on finding a permanent solution for public stockholding programmes in developing countries. According to the US, EU and some other countries, India had already breached the AMS limits on paddy, for instance, exceeding the upper limit by 24 per cent. Therefore, it will be a very crucial WTO Ministerial for India in particular which is coming under increasing pressure to dismantle the procurement operations. India will have to negotiate hard and scuttle all moves to cut down on public procurement operations. It may otherwise be difficult to fathom the political storm back home if India gives in to more concessions while seeking a permanent solution.

Source: dna November 24, 2017 02:37 UTC