This came after Kerry told Modi that India's take on the issue is sending confusing signals to the international community. After the fifth Indo-US Strategic Dialogue, while External Affairs Minister Sushma Swaraj said that she would wait for the outcome of the consultations at Geneva, Kerry hoped that a compromise would be reached with regard to ongoing hectic deliberations.
Kerry's meeting with Modi saw the two leaders elaborating on their respective positions on the trade facilitation agreement (TFA) versus food subsidy in a forceful manner.
India stuck to its stand on food security issues taken at World Trade Organization (WTO), notwithstanding the pressure by US, which engaged in hectic parleys on the subject with several leaders, hoping for a ‘compromise’.
India and United States have already clashed at the WTO, with Washington saying Delhi's 11th hour resistance could kill a deal that could create 21 million jobs.
The row adds to frustration from both sides over the often prickly nature of what US President Barack Obama once called "a defining partnership of the 21st century."
US Secretary of State John Kerry and Commerce Secretary Penny Pritzker have held series of meetings with Indian leaders including Finance Minister Arun Jaitley and Commerce Minister Nirmala Sitharaman to persuade New Delhi to agree to dilute its tough stand on WTO's Bali package.
Earlier, Sitharaman had told reporters after her meeting with the visiting US leaders that "Our stand remains the same.”
The WTO members have to adopt the protocol on the Trade Facilitation Agreement (TFA) on Thursday night.
Kerry said, "Our feeling is obviously that the agreement that was reached in Bali was an agreement that importantly can provide for food security for India. We do not dismiss the concerns India has about large numbers of poor people who require some sort of food assurances, assistance. We believe there is a way to provide for that that keeps faith with the WTO Bali agreement. So we are obviously encouraging our friends in India to try to find a path here, a compromise both need. We think that is achievable and we hope it is achievable.”
India has been maintaining that it would not adopt the protocol on the TFA until a permanent solution is found on the public stock holding for food security purposes.
An official on the condition of anonymity said that India has suggested a way of action to break the impasse and it is for the developed world to respond.
The new formula "was on the broad contours of" India's stand; the sources said adding the Bali deal need not collapse even if the July 31 deadline is not met.
WTO has already missed as many as 27 deadlines on various issues. For adoption of the TFA, which aims at simplifying/customs procedure and promote global trade, the consent of all 160-WTO members is necessary.
This came after Kerry told Modi that India's take on the issue is sending confusing signals to the international community.
After the fifth Indo-US Strategic Dialogue, while External Affairs Minister Sushma Swaraj said that she would wait for the outcome of the consultations at Geneva, Kerry hoped that a compromise would be reached with regard to ongoing hectic deliberations.