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India talked tough in Geneva. Union Commerce and Industry Minister Piyush Goyal in his remarks at the closed-door session at the 12th ministerial conference touched on the spiralling food inflation and the need for the agreement on food stockholding by the developing countriesPiyush Goyal said, "After the Bali Ministerial Decision in 2013, the General Council in 2014 mandated permanent solution on the issue of public foodstocks, which has already been delayed. It should be the topmost priority for 12th WTO ministerial meeting (MC12), before we move to new areas. Nothing is more important than this for the people of the world."Commerce Minister Piyush Goyal also cornered WTO for failing to protect the health of the people of poor nations during Covid-19 pandemic. He said, "The pandemic reinforced the importance of "One Earth One Health", calling for global solidarity and collective action. My country ramped up supplies of medical products to provide medical and health items globally. Unfortunately, the WTO could not respond with alacrity. We have let down the people of the LDCs and developing countries. The rich countries need to introspect."Earlier on Sunday, India participated in the G33 Ministerial Meeting organised by Indonesia. At the meet, the Commerce Minister said, "We are fighting for developing countries and LDCs. They are always at the receiving end." He mentioned the Uruguay agreement and how the developing world got a raw deal in the past.Goyal told reporters that he discussed and put forward India's point of view on food stocks, fisheries, agriculture and vaccines in meetings with WTO Director-General Ngozi Okonjo-Iweala, Trade Representative of the United States of America, Katherine Tai and South Africa Trade Minister Ebrahim Patel in Geneva.He also emphasised that India will not buckle under any pressure. In reply toreporter, he said, "There is no power on earth that can put pressure on today's India. No one can pressurise today's 'Aatmanirbhar Bharat'. We can face any challenge. We don't take any decision under pressure."India also cautioned the WTO about any agreement on curtailing subsidies in fisheries. Goyal said that we must not repeat mistakes of the past.He continued, "Fishing by my country's traditional fishermen and women is to address hunger, poverty, food and nutrition insecurity, which is largely sustenance fishing. Their right to life and livelihood cannot be curtailed in any manner.""On the contrary, those nations responsible for the depleted fish stock should assume responsibility, having exploited the oceans for far too long by giving subsidies. Fisheries are global public commons and should be shared equitably considering the past and being mindful of the future to strike the right balance on the principles of common but differentiated responsibility.""For food security and eradication of hunger, sustainable fishing is as important as agriculture, which is an important SDG goal. Let us not repeat the mistakes of the Uruguay round in Agriculture in a Fisheries agreement," he added.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Bali ministerial decision, Latest News

International :India talks tough at WTO, says 'will not buckle under any pressure'

India talked tough in Geneva. Union Commerce and Industry Minister Piyush Goyal in his remarks at the closed-door session at the 12th ministerial conference touched on the spiralling food inflation and the need for the agreement on food stockholding ...