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12th Ministerial conference of WTO - Geneva
June 19 , 2022
765 days
433
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- This conference usually takes place once in two years.
- The Committee for negotiations on fisheries subsidies finalised the draft, that will be taken up by ministers.
- It is not in line with India’s demand to end non-specific fuel subsidies.
- It mentions a transition period of seven years for developing nations to exempt some developing countries from subsidy cuts, against India’s proposal of 25.
- The Transition period was being negotiated by member nations recently.
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