Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :
        News and Press Release

        Commerce & Industry Minister Suresh Prabhu seeks permanent solution to world food security at WTO Informal Ministerial Gathering at Marrakesh

        October 12, 2017

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        The Commerce and Industry Minister, Shri Suresh Prabhu attended an Informal WTO Ministerial Gathering in Marrakesh, Morocco from October 9 to 10. The meeting was held in preparation for the Eleventh Ministerial Conference (MC11) of the WTO scheduled to be held in Buenos Aires, Argentina from 10 to 13 December 2017. Ministers and delegates of 35 WTO member countries exchanged views on what could be realistically achieved and the possibilities for compromise. The objective of the informal gathering was to provide political impetus to the negotiations and guidance on potential outcomes.

        Shri Prabhu, led discussions on behalf of the developing world and reiterated commitment to the Doha Round. He referred to the agreed objectives of the agriculture negotiations in the Doha Round and called for continuation of the reform process and to avoid further widening and perpetuation of the imbalance between developed and developing countries. He pointed out that any meaningful reform in agriculture must first seek to reduce the disproportionately large subsidies of the developed countries.

        In his statements at the meeting, the Commerce & Industry Minister spoke about India’s priorities and position as regards various issues under discussion in the WTO for outcomes at MC11. He emphasized that a permanent solution on the issue of public stockholding for food security purposes must be a part of the outcomes achieved, as this is an issue of tremendous importance not only to India but also several other developing countries. Shri Prabhupointed out that a solution on this issue would give a strong signal of determination to end hunger and achieve food security, as mandated in the UN Sustainable Development Goal 2.

        Emphasizing on the importance of special and differential treatment for developing countries, the Commerce & Industry Minister said India would be willing to engage on proposals that recognized this right for all developing countries without exception. He pointed out that in India, the total number of people dependent on agriculture in one way or another is close to 600 million, with nearly 98 per cent of Indian farmers being low income or resource poor and mostly engaged in subsistence farming. Under such circumstances, it was imperative for India to balance trade liberalization with the need to protect the livelihood of its farmers, he said.

         Shri Prabhucalled upon WTO members to first deal with the issues which were already under negotiation, before moving on to new ones.

        On the issue of discipline on fisheries subsidies the Commerce & Industry Ministeralsostressed on the importance of suitable special and differential treatment provisions and the need to make a clear distinction between large scale commercial fishing and traditional fishing. He pointed out that in India a large number of small, largely resource poor fish workers depended on traditional fishing activity as a source of livelihood. He observed that developing countries like India, possessing very low fishing capacity, would also need to retain policy space to promote and create such capacity.

        Shri Prabhu also spoke about the importance of a transparent and inclusive process of negotiationsat the WTO and the need to do all preparatory work before MC11, so that only issues, which have matured for conclusion, are taken forward to the Ministerial Conference. India’s stance was very well received from all quarters making the visit a big success.

        On the sidelines of the meeting, the Commerce & Industry Minister also held marathon bilateral meetings to push India’s trade in a comprehensive manner. He met Ministers from the EU, South Africa, Argentina, Brazil, Russia, Rwanda, Morocco, as well as the Director General of the WTO.

        Public stockholding for food security must secure a permanent WTO solution preserving special and differential treatment. Permanent public stockholding for food security must be secured at the WTO as part of MC11 outcomes, protecting developing countries' ability to procure and distribute food. Meaningful agricultural reform requires addressing disproportionately large subsidies of developed countries and providing explicit special and differential treatment for all developing countries. Negotiations should preserve policy space to balance trade liberalisation with protection of livelihoods for low income farmers and to distinguish between large scale and traditional small scale fishing in any discipline on fisheries subsidies.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Public stockholding for food security must secure a permanent WTO solution preserving special and differential treatment.

                                Permanent public stockholding for food security must be secured at the WTO as part of MC11 outcomes, protecting developing countries' ability to procure and distribute food. Meaningful agricultural reform requires addressing disproportionately large subsidies of developed countries and providing explicit special and differential treatment for all developing countries. Negotiations should preserve policy space to balance trade liberalisation with protection of livelihoods for low income farmers and to distinguish between large scale and traditional small scale fishing in any discipline on fisheries subsidies.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found