WTO Talks Stagnate Over India's Firm Stance on Agricultural Subsidies

Multilateral negotiations at the World Trade Organization have stalled over the permanent solution for public stockholding for food security. India, leading the G33 coalition, strongly defended its Minimum Support Price regime, arguing it is essential to protect millions of vulnerable, low-income farmers. Developed nations, however, contend that such subsidies distort global agricultural trade. India insists that historical inequities in agricultural trade rules must be addressed before negotiating new frameworks.