Wednesday, 22 November 2017

Peace clause

The ‘Peace Clause’ is available to developing nations, including India, till a permanent solution is found to public stock holding for food security purposes. Official sources said India would fight to ensure that at least the ‘Peace Clause’ is made the permanent solution, and will not accept any ‘terribly stringent or onerous’ conditions. However, the ‘Peace Clause’ is learnt to be difficult to invoke even in its current form because prior to using it, the country concerned will have to first admit that it ‘is breaching’ or ‘is about to breach’ the ceiling entitlement to give product-
specific domestic support.

Difficult to invoke Also, the ‘Peace Clause’ can be used only for public stock holding programmes that have been in existence on
the date at which it was agreed upon at the Bali Ministerial Conference in December 2013, and not for new programmes on public stockholding for food security purposes.

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