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India expects deal on trade facilitation, food security in September - source
August 1, 2014 / 12:41 PM / 3 years ago

India expects deal on trade facilitation, food security in September - source

NEW DELHI (Reuters) - India is prepared to engage with members of the World Trade Organisation (WTO) to sign a deal on trade facilitation and food security in September, a senior trade ministry official said on Friday.

India’s demands for concessions on agricultural stockpiling blocked on Thursday a global deal to standardise customs rules, which would have been the first global trade reform in two decades.

New Delhi has sought an indefinite peace clause on food security until a permanent solution is found, said the official, who did not wish to be identified due to the sensitivity of the matter.

Reporting by Manoj Kumar; Writing by Rajesh Kumar Singh; editing by Malini Menon

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