The US has rejected any improvements proposed in the existing peace clause on food security issue at the WTO Buenos Aires meet. On Monday, trade minister Suresh Prabhu had made India’s position clear—that any outcome at Buenos Aires is presaged on a permanent solution to the issue of public stockholding for food security. Earlier, she issued a draft agreement on the permanent solution, but only with modest changes. Mohamed was expected to issue the draft text later on Tuesday to indicate a possible way out on the permanent solution. An outcome on the permanent solution is key, as this is the only mandated issue for the Buenos Aires meeting.

Source: Mint December 12, 2017 16:07 UTC