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G-33 VIRTUAL INFORMAL MINISTERIAL MEETING

G-33 VIRTUAL INFORMAL MINISTERIAL MEETING

Context:

The G-33 Virtual Informal Ministerial Meeting organized by Indonesia was held recently. It was conducted to discuss the Agricultural Priority Issues of G33 and the Way Forward for the Twelfth Ministerial Conference scheduled to be held from 30th November to 3rd December this year.

About the Meeting:

  • It was chaired by the Indonesian Minister of Trade, Muhammad Lutfi.
  • Out of a total of 47 G-33 Members, representatives from 21 Member countries, including India, took the floor to make brief interventions.
  • India’s official delegation for the meeting was headed by Commerce and Industry Minister Piyush Goyal.
  • The meeting concluded with the adoption of the G-33 Joint Ministerial Statement reaffirming commitment for expeditious resolution of the WTO’s mandated issues in agriculture.

G-33:

  • The G33 (or the Friends of Special Products in agriculture) is a coalition of developing countries.
  • It was established prior to the 2003 Cancun ministerial conference, that has coordinated during the Doha Round of World Trade Organization negotiations, specifically in regard to agriculture.
  • There are currently 47 members in the G33 including India.
  • The group has “defensive” concerns regarding agriculture in relation to WTO negotiations and seeks to limit the degree of market opening required of developing countries.

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