Skip to content
Subscriber Only

India Reaches Breakthrough With U.S. on Global Trade Pact

Updated on

India and the U.S. reached a breakthrough agreement on food stock holdings, clearing the way for passage of the biggest trade deal in the World Trade Organization’s 19-year history.

The two countries agreed that India will extend the world’s biggest food subsidy program until a permanent solution is reached, according to a U.S. statement. India in July blocked part of the WTO deal because it was unclear if the program could continue beyond a 2017 deadline.