07 Dec '17, 10am

India opposes call for advance notice to WTO on food export restrictions Click

India opposes call for advance notice to WTO on food export restrictions 7th Dec 17 by: Allinfo.com NEW DELHI: India has opposed a proposal that requires countries to notify well in advance any restriction they may impose on exports of food products, saying the move is not practical and undermines the very intent of imposing export restrictions. India has at times banned exports of food items to keep prices in check when there is shortage in the domestic market. The proposal by Singapore has been made just ahead of the crucial WTO ministerial meeting from December 10-13 in Buenos Aires. “We can't notify of any export restriction in advance,” a person privy to the development said. “Advance notification undermines the very purpose of such an instrument especially at times of a goods crisis.” Japan and Israel, too, have demanded an advance notice of 30 days and reasons from ...

Full article: https://www.usaimportdata.com/exim-news/india-opposes-cal...

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