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Source-This post on G-33 Group has been created based on the article “G-33 countries call for permanent public stockholding solution for food security” published in “Mint” on 26 Feb 2024.
Why in the news?
Ahead of the 13th ministerial conference of the World Trade Organization (WTO), most G-33 countries have urged for a permanent solution to public stockholding for food security.
About G-33
1) About- G-33 countries is a coalition of developing nations known as the “Friends of Special Products”.
2) Origin- It was established before the 2003 Cancun ministerial conference that was coordinated during the Doha Round of World Trade Organization (WTO) negotiations, specifically in regard to agriculture.
3) Members- Despite the name, there are currently 47 member nations. Some of the main countries include India, China, Indonesia, Pakistan, Nigeria, Philippines, Turkey, Tanzania, Kenya, and South Korea.
4) Aim:
i) They emphasize on the need for a rules-based, non-discriminatory, and transparent trading environment to address global food security challenges.
ii) 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.
UPSC Syllabus- International Relations (International Organisations)
