Q7 · UPSC current affairs · 2 October 2026 · PIB · Public Stockholding G20 Trade Ministers WTO Food Security

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Consider the following statements regarding WTO provisions concerning food security:1.The WTO Peace Clause shields developing nations from disputes over public stockholding subsidy breaches for programs initiated prior to December 2013.2.The Peace Clause was established under the Ministry of Commerce and Industry's domestic guidelines.Which of the statements given above is/are correct?

A Neither 1 nor 2
B 2 only
C 1 only
D Both 1 and 2

Correct answer: (c) 1 only

Explanation

Statement 1 is correct because the WTO Peace Clause applies to food security procurement programs initiated prior to December 2013 under specific reporting conditions. Statement 2 is incorrect because the Peace Clause is a multilateral WTO mechanism, not established under a national ministry's domestic guidelines.

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