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GENEVA Winnipeg Jets Jersey , Sept. 29 (Xinhua) -- Negotiations at the Preparatory Committee on Trade Facilitation (PCTF) of the World Trade Organization (WTO) saw little rift healed on the implementation of the Trade Facilitation Agreement, said the global trade watchdog on Monday.

The session held by PCTF was the first meeting of this committee after the setback in July where WTO members failed to get the Trade Facilitation Agreement into the WTO rule book and make it have legal effect by the deadline of July 31.

But the latest discussions did not bring promising news on the way ahead as India insisted its stance on supporting farm protections, which was the major reason behind the collapse of talks in July.

India said in Monday's discussions that its concerns had not been resolved yet Evgeny Kuznetsov Jersey , and to that extent there is no change in its position.

The Trade Facilitation Agreement, the global reform of customs procedures to improve efficiency of trades across borders, was agreed at WTO's 9th Ministerial Conference in Bali T. J. Oshie Jersey , Indonesia, last December.

The first-ever multilateral pact sealed in late last year in WTO's nearly two-decade history was regarded as breakthrough in multilateral trade negotiations, and was estimated to boost the world economy by the equivalent of 1 trillion U.S. dollars per year.

As required by decisions adopted in Bali Nicklas Backstrom Jersey , WTO members must draft a Protocol of Amendments to insert the new agreement into the WTO system before July 31 this year, and open the protocol for acceptance by WTO members until July 31, 2015.

Then the Trade Facilitation Agreement will enter into force once two-thirds of members have completed their domestic ratification process.

But the first deadline was missed in this year's summer due to India's objection.

India has set conditions for signing the trade facilitation agreement: it must see more progress on a parallel agreement which would give it more freedom to subsidize and stockpile food grains.

India has insisted in negotiations that a permanent agreement on food subsidizing and stockpiling must be in place alongside with the trade facilitation agreement Alex Ovechkin Jersey , much earlier than the deadline of 2017 set in Bali.

Its unyielding posture was criticized by the majority of WTO members, and the latter claimed that India must fulfill its commitment made in Bali, stressing that it was important to implement the Bali package without renegotiating its contents.

The unsolved divergence led India to say no at the last gasp to the adoption of the protocol on the Trade Facilitation Agreement.

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