India fully protected interests of farmers, fishermen, small businesses: Piyush Goyal at WTO 

At the WTO ministerial conference, the Commerce and Industry Minister said that "We have ensured the Minimum Support Price stays and our farmer's interests have been protected." 

Published: 20th June 2022 11:46 AM  |   Last Updated: 20th June 2022 11:46 AM   |  A+A-

Piyush Goyal

Piyush Goyal

By PTI

NEW DELHI: India has completely protected the interests of farmers and fishermen in the recently concluded ministerial conference of the World Trade Organisation (WTO) in Geneva, commerce and industry minister Piyush Goyal said on Sunday.

Goyal, who led the Indian delegation for the WTO talks, also said that the decisions taken at the conference will further strengthen the role of the multi-lateral body in promoting global trade and India championed the cause of the developing and under-developed countries.

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Members of the Geneva-based WTO on June 17 secured a 'Geneva Package' which included agreements on curbing harmful fishing subsidies and a temporary patent waiver for the production of COVID-19 vaccines.

The four-day talks of the 164-member body, which started on June 12, ended on June 17 after hectic negotiations.

"In the WTO ministerial conference, we fully protected the interests of farmers, MSMEs, and fishermen. There will be no burden on them. We protected their interests," the minister said here at an event where Prime Minister Narendra Modi dedicated to the nation the main tunnel and five underpasses of the Pragati Maidan Integrated Transit Corridor Project.

The Integrated Transit Corridor project is an integral part of the Pragati Maidan Redevelopment Project.

"Checks are being placed on illegal fishing on the high seas and our fishermen will have full freedom in our EEZ (Exclusive Economic Zones). Similarly, we have ensured the MSP (Minimum Support Price) stays and our farmer's interests have been protected," he said.

Developed countries engaged in distant water fishing would not be able to provide subsidies for illegal, unreported and unregulated fishing activities, he added.

Further, the MSP operations for farmers are also protected and "farmers will not have any problem," he said. The WTO formulates rules for global exports and imports and adjudicates disputes between two or more two nations. As per its rules, all decisions are taken by consensus and a single member nation can veto a decision.

Talking about the Pragati Maidan Integrated Transit Corridor Project, Goyal said it would help in decongesting traffic at Bhairon Marg here near India Gate.

He said the tunnel is part of the redevelopment plan of the ITPO site at Pragati Maidan and this state-of-the-art convention and exhibition centre will be ready in time for India's presidency of the G20 Summit in December next year.

Lamenting the Delhi government's callous attitude towards the Pragati Maidan corridor, Goyal said unfortunately the state government ignored repeated reminders to fulfil its share of just 20 per cent cost of the project.

"When the state government showed complete alacrity, PM Modi declared that the central government will bear the entire cost of the project," he said. Goyal said, the time, guidance and concern shown by PM Modi towards this project demonstrates his sensitivities towards the people of Delhi.



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