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India agrees to WTO's 4-year 'peace clause'

India agrees to WTO's 4-year 'peace clause'

Rediff.com28 Nov 2013

According to the final draft of the negotiating text circulated by WTO Director-General Roberto Azevedo among trade ministers of the 159 member countries on Wednesday night, on public stockholding for food security purposes, a developing country like India can provide subsidies for farm support even if those exceed the permissible 10 per cent cap.