Q. “Special Safeguard Mechanism” often seen in news is associated with which of the following?
In recent times, India has become more conscious towards protecting its agricultural trade interests at the international platforms.
At the 10th Ministerial Conference of the WTO (Nairobi, December 2015), the Government of India adopted the following approach towards agri-trade policy:
- A Special Safeguard Mechanism (SSM) for developing countries.
- Public stockholding food for security purposes,
- A commitment to abolish export subsidies for farm exports, and measures related to cotton.
Source: TMH Ramesh Singh