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Posted August 01, 2014

Under Economic Issues, International Trade Issues

(Reuters)

U.S. Secretary of State John Kerry said on Thursday he was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved, despite only hours remaining before the deal must be signed.

New Delhi has insisted that, in exchange for signing the trade facilitation agreement, it must see more progress on a parallel pact giving it more freedom to subsidise and stockpile food grains than is allowed by World Trade Organization rules. Read more here.

Related: John Kerry Presses India on Global Trade Deal as Deadline Looms (NDTV)