No important issue could be resolved in WTO

- The important issue of food security was also raised

- Both India and China have built their own strong lobbies at the WTO, which has seen them constantly in a mood to undercut each other's submissions. It can be said that you ate and drank a little but broke the glass twelve anna..

- India stopped some of China's proposals, while China stopped India's proposals. Both countries' lobbies were active. China put forward a proposal to invest in countries involved in fisheries business. It was stopped by India and South Africa

Important issues remained unresolved in the four-day meeting of the World Trade Organization (WTO). India's intention to counter China's hegemony may have succeeded. India did not take much notice of China's demand for a special aid package for countries standing with it and pushed it to the pending discussion list.

World Trade Organization meetings have always been dominated by China, which has led to some small countries supporting China's every submission. China was supposed to show that it is the Supreme Authority by presenting itself so that small countries involved in fisheries business can get loans. At the opposite end, India were in no mood to let it slip.

India raised the issue of remittances as used by all countries and also stuck to the issue of public stock and food security. As the Government of India runs a free food distribution scheme for the poor, it becomes necessary to keep a stock of food grains. Now, even if no resolution has been reached in the WTO conference, it is not a matter of concern for India as India has kept a year's supply in godowns.

Both India and China have built their own strong lobbies at the WTO, which has seen them constantly in a mood to undercut each other's submissions. It can be said that you ate and drank a little but broke the glass twelve anna..

In short, there was no solution to the important issue, and the organizations of 166 countries did not take any decisions that could be of use to the world. The important issue of food security was also raised.

In the 13th Ministerial Conference (MC13), a meeting of 166 countries, the draft for resolving the issue of food security was also ready and after some amendments, a resolution was also fixed on it, but the game was played like a fox straining a seam and a dog straining a village.

While India was ready for food security, China was playing catch-up on the issue of fisheries subsidy. Although both these jobs were important, no one seemed to be very serious about it. In the conference, it was agreed to extend the import duty relaxation period, which will provide relief to ecommerce businesses.

India's Commerce Minister Piyush Gayle, however, expressed his satisfaction and said that we are satisfied that many important issues have been taken forward in the conference. He said that the issue of food security was important for India. No decision has been taken in that regard but India has dragged it to the decision making stage.

The Keynesian group consisting of countries like Australia and Brazil claimed that countries that kept food grains for allocation to government schemes could sell them in the market to break the price. These countries also said that there should be no control on exports. On the other hand, grain-importing countries like Japan and Singapore emphasized agricultural production policies.

Similarly, the US was insisting on finding a market for its agricultural products while the European countries were asking to cut subsidies on agricultural products.

India was increasing pressure on the issue of its public stock holding. The Government of India was explaining the necessity of stocking for its various food security schemes. It was also submitted that no relief in the form of subsidy should be given for 25 years to the deep sea fishing professionals who go far from their borders.

Experts associated with the World Trade Organization believe that there should be no discrimination between rich and developed countries involved in fisheries business. In developed countries 80,000 US dollars are given as subsidy while in India 38 dollars are paid per fisherman.

Some of China's proposals were stopped by India, while India's proposals were stopped by China. Both countries' lobbies were active. China had put forward a proposal to invest in countries involved in fisheries business. It was stopped by India and South Africa and India also stopped the proposal made by European countries for industrial policy with the support of China.

India also proposed to formulate a concrete formula for the limitation of food subsidy.

One such issue was raised in the WTO which was about remittances. The world's attention was drawn to this issue. India had proposed reducing the cost of remittances, which was supported by countries including Latin America and Africa. According to India's presentation, money is sent from rich countries to smaller countries. In the year 2023, out of 860 billion dollars of remittances, 669 billion dollars have been sent as remittances to small countries.

The remittance charge set by the United Nations is called the Sustainable Development Goal (SDG). But the WTO countries pay double the charge. India's submission was that instead of charging more, the charge decided by the United Nations should be taken. However, the remittance proposal presented by India could not come to the board.