Mahalaxmi Ramanathan
Mahalaxmi Ramanathan

@MahalaxmiRaman

3 تغريدة 1 قراءة Mar 01, 2024
‘Terms of Trade favour Rich Nations’ #WTO #AbuDhabi
With the reference price for calculation of #Subsidy fixed at the 1986-88 level. #India pitched for a solution but no progress has been made for decades #India 🇮🇳
#RiceExport
⬇️
#India invoked the #Peace Clause, for the third time, for exceeding the 10 per cent ceiling on support it offers to #RiceFarmers for 2020-21
in order to meet domestic food security needs of its poor population:It informed the #WTO abt the excess support. #India 🇮🇳
#RiceExport ⬇️
Under the #PeaceClause, #WTO member countries refrain from challenging any breach in the prescribed subsidy ceiling given by a developing nation at the dispute settlement forum of WTO.
#India 🇮🇳
#RiceExport

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