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Showing posts with the label European Union

US, EU, Canada question India's agriculture support practices at WTO

 Business Today Dated 02.10.2020  By: Joe C Mathew SA, European Union and Canada have questioned India's agriculture trade practices and farmer friendly policies at a recent meeting of the Committee on Agriculture (CoA) of the World Trade Organisation (WTO). The volley of questions has come at a time when India has amended its laws to further liberalise its agricultural trade and allow farmers and agri-businesses the freedom to produce, procure, store and sell agri-produce anywhere in the country and outside without government regulation.  The developed country members complain that India's trade practices are not transparent enough and seek more data on the trade of agricultural goods. The CoA meeting, held on September 22-23 saw USA seeking response from India over the disclosure made by Food Corporation of India (FCI) that India had exported rice to Egypt commercially in 2016-17 and for humanitarian purposes in 2017-18. The USA saw this as an apparent contradictio...

EU nations deadlocked at tense coronavirus recovery summit

First Post July 19,2020 Gabriela Baczynska and Francesca Landini WARSAW/ROME (Reuters) - A stand-off between EU leaders at a summit in Brussels on Saturday threatened to derail plans for a massive stimulus fund to breathe life into their coronavirus-hammered economies. "We are in an impasse now. It is more complex than what was expected," Italian Prime Minister Giuseppe Conte said in a video on Facebook as the 27 European Union leaders neared the end of a second day of talks. "There are many issues that remain unresolved.” The budget commissioner of the bloc's executive reminded the leaders - who wore masks and kept their distance from each other - that COVID-19 was still among them and they needed to act. "Just a solemn reminder: the Corona crisis is not over: infections on the rise in many countries," Johannes Hahn tweeted. "High time to reach an agreement which allows us to provide the urgently needed support for our citizens+economies!...