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    I knew with calm and composed approch we can pull off the chase: Deepti Sharma

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Home Economy

WTO’s duty to safeguard farmers’ interests: Sitharaman

Lakshmi Puri by Lakshmi Puri
December 16, 2015 - Updated on July 18, 2025
in Economy, Old Archive, Share Market
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Pro-Mass News Bureau: Dec 16, 2015:

Minister for Commerce and Industry Nirmala Sitharaman today asserted that, it is the duty of member countries of WTO to safeguard the legitimate interests of poor farmers and the food security of hundreds of millions in developing countries. Addressing the 10th Ministerial Conference of the WTO in Nairobi, Mrs Sitharaman said, member countries cannot continue with the rhetoric of a development agenda without even a reasonable attempt to address issues which are of primary concern to developing economies.

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Raising concern on the farmers situation in the developing countries, the Minister said, a handful of farm lobbies of some countries have shaped the discourse and determined the destiny of millions of subsistence farmers of the developing countries. She also expressed concern that the reduction in the massive subsidization of the farm sector in developed countries which was the clear cut mandate of the Doha Development Agenda ,DDA is now not even a subject matter of discussion in this conference. The minister said G-33 has strongly argued the case for an effective special safeguard mechanism for developing countries and for changing the rules relating to public stockholding for food security purposes.

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Pitching for conclusion of the pending issues of the Doha Round like providing special safeguard mechanism (SSM) to developing nations to protect interest of poor farmers, she said, it is regrettable that longstanding issues of interest to a large number of developing countries are being put aside for the future. India is pitching for concerted efforts for a permanent solution to the issue of public stockholding of grains for food security programmes in the country.

 

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