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India, China Jointly Propose Removal of U.S., EU Farm Supports

5 Sep 2017

• 5 Sep 10:43

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India and China joint proposal on elimination of $160 billion of trade-distorting farm subsidies in the US and EU has come as a game changer in global farm trade negotiations at the WTO China and India have called for the elimination of what is called the Aggregate Measurement of Support (AMS) or ‘the most trade distorting element in the global trade in agriculture’. Photo: Bloomberg Geneva:China and India have jointly proposed the elimination of $160 billion of trade-distorting farm subsidies in the US, European Union and other wealthy nations, a move that has come as a game changer in global farm trade negotiations at the World Trade Organization,. Read more...