India's food stockpiling and WTO stand-off
date:Jul 30, 2014
n to shield food stockpiling programs in developing countries such as India, so that they would not be legally challenged even if the limits on trade distortion were breached.

* They agreed on an interim solution until a permanent one is reached in four years.

* Under the previous WTO pact, developing countries are allowed to buy grains from farmers at support prices to build stocks, subsidizing up to 10 percent of the value of output.
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