G-33 differs from India's stance on export restrictions on food items

The grouping met on the sidelines of the 12th Ministerial Conference of the World Trade Organization (WTO) on Sunday.

The G-33 group of developing and least-developed countries, in which India is a key member, has taken a divergent stance on export restrictions on food items.

In a joint statement, accessed by Business Standard, G-33 said: “We reaffirm the urgency and importance of maintaining an open and predictable agricultural trade to ensure the continued flow of food, agricultural products, as well as inputs critical for agricultural and food production and supply chains.”

“We also underline the importance of enhancing production and maintaining food price stabilisation with least-distorting global markets,” the statement said.

The grouping met on the sidelines of the