Context: Ahead of the 13th ministerial conference of the World Trade Organization (WTO), a majority of the G-33 countries have called for a permanent solution to public stockholding for food security.
G-33 Countries
About: The G33, also known as the Friends of Special Products in agriculture, constitutes a coalition primarily comprising developing and least developed countries.
Membership: Despite its name, the G33 boasts 47 member nations, showcasing a diverse representation. Key countries include India, China, Indonesia, Pakistan, Nigeria, Philippines, Turkey, Tanzania, Kenya, and South Korea.
Establishment and Purpose: Formed before the 2003 Cancun ministerial conference, the G33 emerged to coordinate efforts during the Doha Round of World Trade Organization (WTO) negotiations, with a primary focus on agricultural matters.
Defensive Posture and Dominance: India's dominance within the group underscores its "defensive" stance concerning agriculture in WTO negotiations. The G33 aims to curtail the level of market opening demanded of developing nations.
Advocacy for Special Measures: The G33 advocates for the implementation of a "special products" exemption, enabling developing countries to exclude specific products from tariff reductions. Moreover, it pushes for a "special safeguard mechanism," allowing tariff hikes in response to sudden import surges.