India, isolated, toughs it out in WTO food-stockpiling row


  • World
  • Wednesday, 05 Nov 2014

India's Finance Minister Arun Jaitley speaks during the India Economic Summit 2014 at the World Economic Forum in New Delhi November 5, 2014. REUTERS/Anindito Mukherjee

NEW DELHI/GENEVA (Reuters) - India defied the world on Wednesday in a row over food stockpiling that has crippled attempts to reach a global trade agreement, raising doubts that backroom talks can reach a compromise before a Group of 20 summit this month.

At the end of July, Prime Minister Narendra Modi pulled the plug on implementing a so-called trade-facilitation deal struck in Bali last year, linking it to the emotive issue of rural poverty in his country of 1.25 billion people.

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