Write short notes Agreement on Agriculture of WTO
Answers
WTO members have taken steps to reform the agriculture sector and to address the subsidies and high trade barriers that distort agricultural trade. The overall aim is to establish a fairer trading system that will increase market access and improve the livelihoods of farmers around the world. The WTO Agreement on Agriculture, which came into force in 1995, represents a significant step towards reforming agricultural trade and making it fairer and more competitive. The Agriculture Committee oversees implementation of the Agreement.
Members continue to conduct negotiations for further reform. In 2015, they adopted a historic decision to abolish agricultural export subsidies and to set rules for other forms of farm export support.
Brazil and Australia have requested WTO dispute consultations with India regarding domestic support
At a meeting of the Committee on Agriculture on 26-27 February, WTO members agreed to finalize by Ju…
WTO agriculture negotiators met on 14 February to discuss domestic support and public stockholding
Introduction
The WTO Agriculture Agreement provides a framework for the long-term reform of agricultural trade and domestic policies, with the aim of leading to fairer competition and a less distorted sector.
The Agreement covers:
Market access — the use of trade restrictions, such as tariffs on imports
Domestic support — the use of subsidies and other support programmes that directly stimulate production and distort trade
Export competition — the use of export subsidies and other government support programmes that subsidize exports
Under the Agreement, WTO members agree to “schedules” or lists of commitments that set limits on the tariffs they can apply to individual products and on levels of domestic support and export subsidies.
The Agriculture Committee
The Committee on Agriculture oversees implementation of the Agriculture Agreement and monitors how WTO members are complying with their commitments. Members are required to share information and may ask each other questions or raise concerns about each other's agricultural policies
Agriculture negotiations
Agricultural trade reform did not end with the birth of the Agriculture Agreement. WTO members are continuing to negotiate agricultural trade reforms
WTO members adopted important decisions on agriculture at the 2015 WTO Ministerial Conference in Nairobi, Kenya. These include a commitment to abolish subsidies for farm exports as well as decisions on public stockholding for food security purposes, on a special safeguard mechanism for developing countries, and on trade rules for cotton
At the 2013 WTO Ministerial Conference in Bali, Indonesia, ministers also agreed on a package of issues in agriculture