Why India Needs To Ally With China In The Global Trade War


India needs to tread carefully without losing sight of its core trade-related priorities. Given the dark protectionist clouds arising from the trade war, India faces several challenges in agriculture, industrial goods, and services. Its main adversary in global farm trade remains the US which has repeatedly undermined New Delhi’s developmental initiatives for reforming rules governing global farm trade.

Washington has repeatedly blocked multilateral instruments such as the special safeguard mechanism and the permanent solution for public stockholding programmes for food security.

Recently, the US, at the behest of its powerful farm trade lobbies, alleged that India’s farm support programmes for rice and wheat breached its World Trade Organization commitments.

Consequently, India needs to build a strong alliance with China and other developing countries facing similar threats to their agriculture from the fat-cat farmers in the US. Read More

You may also read!

Aero India LIVE Updates: Major Fire At Air Show, Nearly 300 Cars Burnt

Nearly 300 vehicles have been gutted in a big fire at the parking lot of the venue of the

Read More...

Top Al-Qaeda Commander Killed In Sahel, Says France

French armed forces have killed a top jihadist leader in an air and ground ambush in Mali, the government

Read More...

PV Sindhu To Fly In Made-In-India Tejas Fighter At Bengaluru Air Show

India's ace badminton player PV Sindhu will fly in HAL's Light Combat Aircraft Tejas at the ongoing Aero India

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu