Bali Agreement

G20 Summit: The regional payment connectivity is expected to be a significant contributor to accelerating economic recovery and promoting inclusive growth.

India is all set to tell developed nations at a meeting in Geneva on Thursday that it will not yield to pressure and sign the World Trade Organisation's Bali agreement if its demands on food security subsidies is not addressed. New Delhi says its $12 billion (Rs 72,140 crore) anti-poverty food programme must be safeguarded.

India is all set to reject the pressure of developed nations on pushing the World Trade Organisation's Bali agreement if its demands on food security issues are not addressed at a General Council meeting in Geneva on Thursday, setting up a nail-biting showdown over a deal New Delhi says should safeguard its $12 billion anti-poverty food programme.

The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy.

Chances of a breakthrough in global trade negotiations dimmed on Wednesday as India refused to budge on food subsidies that are an obstacle to an eleventh-hour agreement at a World Trade Organization summit.

G20 Summit: The regional payment connectivity is expected to be a significant contributor to accelerating economic recovery and promoting inclusive growth.

India is all set to tell developed nations at a meeting in Geneva on Thursday that it will not yield to pressure and sign the World Trade Organisation's Bali agreement if its demands on food security subsidies is not addressed. New Delhi says its $12 billion (Rs 72,140 crore) anti-poverty food programme must be safeguarded.

India is all set to reject the pressure of developed nations on pushing the World Trade Organisation's Bali agreement if its demands on food security issues are not addressed at a General Council meeting in Geneva on Thursday, setting up a nail-biting showdown over a deal New Delhi says should safeguard its $12 billion anti-poverty food programme.

The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy.

Chances of a breakthrough in global trade negotiations dimmed on Wednesday as India refused to budge on food subsidies that are an obstacle to an eleventh-hour agreement at a World Trade Organization summit.