Which is temporary in nature gets extended at every

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— which is ‘temporary’ in nature — gets extended at every biennial MC. In a communication to the WTO, India said its decision will be subject to the other members agreeing to extend a similar (‘temporary’) moratorium on Non-Violation Complaints (NVC) under TRIPS (Trade-Related aspects of Intellectual Property rights agreement).
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CURRENT AFFAIRS DECEMBER 2017 171 | Page 9004078746 [email protected] NVC covers situations where a “government can go to the WTO Dispute Settlement Body even when an agreement (of the WTO) has not been violated (by another country). However, for the time being, WTO members have agreed not to use NVC, and this ‘temporary moratorium’ too keeps getting extended. India’s decision on granting its nod to the moratorium on electronic transmissions will also be subject to other members agreeing to continue the e-commerce discussions under a ‘Work Programme’ based on the existing mandate as well as guidelines in the relevant WTO bodies as set out in the Work Programme. Commerce Minister Suresh Prabhu said, “India’s view is that gains from e-commerce must not be confused with gains from negotiating binding rules in this area. It is for this reason that we support continuation of the 1998 Work Programme with its non-negotiating mandate.” Objecting to attempts to include ‘non-trade’ items, Mr. Prabhu said, “shifting the priority from the Doha Development Agenda issues to non-trade issues like investment facilitation and small firms, for which there is no mandate, is difficult to accept.” In the WTO, all decisions are made by consensus. Investment facilitation, norms for small firms gain push at WTO talks Midway through the negotiations involving 164 World Trade Organisation (WTO) member nations being held in Buenos Aires, India is holding its ground on issues such as food security as well as the centrality of development in the talks. However, a notable group of countries, including Pakistan and China, have demanded taking forward discussions on investment facilitation and proposed norms relating to small firms . According to India, these are “new issues” and, therefore, should be considered only after resolving outstanding issues relating to food security that are part of the ongoing round of negotiations which began in Doha in 2001. In a communication to the WTO, mainly at the request of China, 66 countries (including European Union members), both from the developing and the developed world, said: “We call for a dedicated minister-level meeting on investment facilitation at the (Buenos Aires) Ministerial Conference, led by a facilitator, for members to discuss this important topic. We also encourage all WTO members to actively participate in this dedicated session and to endorse the Draft Ministerial Decision on Investment Facilitation for Development.” “These discussions shall seek to identify and develop the elements of a framework for facilitating foreign direct investments that would : (i)
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