India Calls for Permanent Solution to Food Reserves

Indian Commerce Minister Piyush Goyal called on Monday for “finding a permanent solution to government policy rules regarding food stocks,” saying, “This is necessary to reduce global hunger by 2030.”

Joyal stated in a recorded statement, published on the website of the World Trade Organization during the organization’s meetings in Abu Dhabi, that “finding a permanent solution regarding public stockholding is still an item on the agenda that has not been completed and we must implement it.”

He added that “the organization should not negotiate on issues unrelated to trade, such as climate change, gender, or labor.”

The thirteenth ministerial conference of the World Trade Organization, hosted by the United Arab Emirates in the capital Abu Dhabi, kicked off on Monday with the participation of several ministers, heads of delegations from participating countries, and representatives from international economic and trade organizations.

The conference, which runs until February 29th, witnesses a number of events, programs, and sessions aiming to enhance the effectiveness of policies and business programs.

The ministerial conference represents the highest body for decision-making in the World Trade Organization, which is the international organization responsible for regulating and facilitating global trade.

It is the largest global economic organization, with 164 member countries representing 98% of global trade and total global GDP. (Reuters – WAM)