India vetoes trade facilitation deal brokered by WTO

Written By Unknown on Jumat, 01 Agustus 2014 | 23.25

India has vetoed the trade facilitation deal brokered by the WTO. Hectic consultation for weeks in Geneva collapsed late last night as the deadline to sign the deal expired. India stood firm in its stance demanding concessions in storage of food grains which is essential for the food security programme.

India has vetoed the trade facilitation deal brokered by the WTO. Hectic consultation for weeks in Geneva collapsed late last night as the deadline to sign the deal expired. India stood firm in its stance demanding concessions in storage of food grains which is essential for the food security programme.

Speaking to CNBC-TV18 commerce secretary Rajeev Kher said that the interests of million farmers cannot be compromised to meet a deadline. Rituparna Bhuyan gets the details of what the commerce secretary had to say.


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