Question

70. Consider the following statements regarding WTO.
1. The ‘Peace Clause’ mechanism can be invoked for new programmes on public stockholding for food security purposes.
2. The ‘Peace Clause’ is available only to the developing nations.
Select the correct answer using the following codes

• A. Only 1
• B. Only 2
• C. Both 1 and 2
• D. None of the above

Answer 1

The correct option is B Only 2

The ‘Peace Clause’ mechanism can be used only for public stockholding programmes that have been in existence on the date at which it was agreed upon at the Bali Ministerial Conference in 2013. The mechanism is not for new programmes.