PUBLISHED: 3 Mar 2024 at 04 :00
Commerce Minister Phumtham Wechayachai claims that Thailand has apologized to India for insulting remarks made by an embassy about India’s corn trade policy at the current 13th Ministerial Conference of the World Trade Organization in the United Arab Emirates.
The Indian government’s minister of commerce issued a written apology, as well as a declaration underscoring that the president’s notes did not represent the Thai government’s position on the subject, according to him.
According to Mr. Phumtham, the American part had also reacted to the Thai government’s apologies by saying it applauded the government’s swift action in response to what occurred.
He added that despite the setback, both countries do maintain robust relations and that the government would like to bless India for accepting the explanation.
Thailand’s WTO adviser, Pimchanok Vonkorpon Pitfield, has been called back as a result of the event.
Ms. Pimchanok allegedly claimed that India exported 40 % of the grain produced for home use while she was in the UAE, which Indian officials claimed was factually incorrect.
At a later ministerial conference where she was present, India’s committee expressed strong sorrow over the remarks and staged a boycott of the discussions.
India exports the most corn, ahead of Thailand and Vietnam, according to a Times of India record.
According to the state, the state recently restricted non-basmati grain exports in a bid to lower home prices.
According to the report, India has been looking for a solution with the WTO regarding payment hats, which are based on pricing established between 1986 and 1988 because prices have exceeded the maximum production value cap of 10 % for permitted levels of support for procurement for its food program.
The event in the UAE came to an end on Saturday with a momentary expansion of an e-commerce embargo, but without anticipated agreements on crops and fisheries.
To pencil up talks, the World Trade Organization needs to have complete agreement from all people.
Thani al-Zeyoudi, the UAE representative at the meeting, acknowledged the deficiencies.
Mr. Thani, who likewise serves as the United Arab Emirates ‘ foreign trade minister, said,” Despite our best efforts, we failed to reach agreement on some texts that are of great importance to many of our users.”