India on Friday urged the members of the World Trade Organization (WTO) to work on finding a permanent solution to the issue of public stock holding for food security purposes.
Commerce Secretary Anup Wadhawan said the ongoing COVID-19 pandemic has again brought to the fore the importance of food and livelihood security.
He "urged the Membership for a permanent solution to Public Stock Holding (PSH) for food security", the Commerce Ministry said in a statement.
The comments were made during the final session of India's seventh Trade Policy Review (TPR) which concluded on Friday at the WTO in Geneva.
Wadhawan also informed that India has a stable policy environment with considerably lower applied rates than its WTO commitments.