Global trade negotiations: US accuses India and China of eating into poorer nations’ relief



Kirtika Suneja | India Times

NEW DELHI: The US has accused India, China and other emerging economies of claiming rights and using exemptions from commitments meant for poorer nations in global trade negotiations. 

In a proposal to the World Trade Organization (WTO) last week, the US said the self-declared development status risks the institutional relevance of the organisation and collapse of negotiations. 

Lashing out at India, it said the country used its status as a developing member to press for continued exemption from its commitments of some $30 billion in input subsidies, a rule intended to address development for some of the poorest farmers in the world. 

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