WTO signs landmark deal, focuses on food security

Geneva : In a significant outcome for the Prime Minister Narendra Modi-led government, ministers from 164 members of the World Trade Organisation have adopted various decisions including food security, e-commerce, TRIPS agreement, fisheries and preparedness for future pandemics. The 12th World Trade Organisation (WTO) Ministerial Conference has concluded with an outcome on Friday. Ministers from the WTO’s 164 members formally adopted decisions on the COVID-19 pandemic and preparedness for future pandemics, Emergency Response to Food Insecurity, World Food Programme Food Purchases Exemption from Export Prohibitions or Restrictions, Work Programme on Electronic Commerce, TRIPS Agreement and Agreement on Fisheries Subsidies. An official said that Prime Minister Narendra Modi’s focus on the welfare of the poor shines on the global stage. India is taking global leadership when the entire world was heading for a no/low outcome, India has been able to achieve better outcomes. India was at the centre of WTO negotiations, India’s firm stamp is visible in every outcome of WTO meeting. India put forth aggressive draft texts in all pillars of WTO negotiations rather than being reactive. India stood strong for its MSMEs, farmers and fishermen,” the official said.