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India, Isolated, Toughs It Out in WTO Food-Stockpiling Row

Posted November 05, 2014

Under Economic Issues, International Trade Issues

(Reuters)

India defied the world on Wednesday in a row over food stockpiling that has crippled attempts to reach an global trade agreement, raising doubts that backroom talks can reach a compromise before a Group of 20 summit this month. [...]

Modi's tough line jars with the 'Make in India' pitch he has taken to investors abroad in his first five months in charge. Having failed to make progress on trade when he met U.S. President Barack Obama in Washington, he could find himself isolated at his first G20 summit of world leaders in Brisbane, Australia, on Nov. 15-16. Read more here.