WTO: Sitharaman says no change in India's stand
July 31, 2014  18:13
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As only a few hours are left for WTO members to ratify the trade facilitation pact, India today asserted that its stand "remains the same". "Our stand remains the same," Commerce and Industry Minister Nirmala Sitharaman told reporters after meeting US Secretary of Commerce Penny Pritzker.

The World Trade Organization (WTO) members have to adopt the protocol on the Trade Facilitation Agreement (TFA) tonight.

India has made it clear at the WTO General Council meeting last week in Geneva that it would not ratify the TFA until a permanent solution is found on food security issues.

Pritzker had yesterday said the US is "very disappointed that India has taken a step back from its agreements that it made in December (last) at the WTO.

Sitharaman, however, said that the WTO's Bali issues were not discussed during the meeting with Pritzker. Meanwhile Commerce Secretary Rajeev Kher said India has suggested "a way of action" to break the impasse.
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