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Strategy for WTO ministerial finalised

Strategy for WTO ministerial finalised

ISLAMABAD: The commerce ministry on Thursday finalised a strategy to defend Pakistan’s interests in the 9th World Trade Organisation ministerial, starting next week in Nairobi, Kenya, through rigorous trade diplomacy.

The strategy was finalised in a meeting chaired by Commerce Minister Khurram Dastagir Khan. It was attended by representatives of all relevant ministries and divisions. An official statement issued after the meeting said the meeting discussed Pakistan’s stance on several items of the agenda which will come under discussion in the ministerial meeting.

The permission for public stock holding was allowed in the Bali Ministerial in 2013 under certain monitoring and evaluation to support the resource poor farmers of the developing countries and ensuring their food security. Some countries misused the facility by exporting the commodities kept in public stock in massive amounts which made a negative effect on international trade.

Pakistan would seek the support of Cairns Group of the WTO to further its case in this matter.

Published in Dawn, December 11th, 2015

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