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Wto Agriculture Agreement

Under this decision, export subsidies will be immediately eliminated by developed countries, with the exception of a handful of agricultural products, while developing countries will have longer deadlines to do so. View news on agricultural negotiations View news on cotton WTO members adopted important decisions on agriculture at the 2015 WTO Ministerial Conference in Nairobi, Kenya. These include the obligation to eliminate agricultural export subsidies, as well as decisions on public storage for food security purposes, a special protection mechanism for developing countries and cotton trade rules. The Uruguay Round of agricultural negotiations were not easy, as the broad scope of the negotiations and their political sensitivity necessarily called into question a great deal of time to reach agreement on the new rules, and much technical work was required to create robust means of formalizing commitments in policy areas that go beyond the framework of previous GATT practice. The Agreement on Agriculture and the Agreement on the Application of Sanitary and Phytosanitary Measures were negotiated in parallel, and a decision on measures concerning the possible negative impact of the reform agenda on least developed and net food-importing developing countries was also part of the overall outcome. .

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