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Global Trade Ministers Move to End Agriculture Export Subsidies

  • 25 Dec 15:24

Global Trade Ministers Move to End Agriculture Export Subsidies An agreement by World Trade Organisation (WTO) member states through the recently adopted "Nairobi Package" started a move towards eliminating export subsidies involving agricultural products. The UN's Food and Agriculture Organisation (FAO) welcomed the agreement, however, it also noted that differences remain over other measures aimed at creating fairer global trading conditions, in particular for developing countries. A declaration issued on 19 December at the conclusion of the 10th WTO Ministerial Conference in Nairobi, Kenya includes a number of decisions in relation to the Agreement on Agriculture. In particular, four ministerial. Read more...