The rich countries ought to suggest to India that it use a novel feature called the market for solving its sense of food insecurity. Market Solution for Bali It now appears there will not even be a modest trade agreement arising out of next week's WTO Ministerial meeting in Bali. While most countries capitulated to India's demand for a market-distorting food security plan, Pakistan objected since it knew that it would be the first hurt by it. Meanwhile, India was never satisfied that it had achieved the policy space it desired. However, the final nail in the coffin was when developing countries refused to budge on the one thing the rich countries wanted – improved movement of trade at the border. It has been called Trade Facilitation, but...

TAGS – Feed Grains, Wheat