Groundbreaking WTO agreement on elimination of agriculture export subsidies

Monday, December 21st 2015 - 07:37 UTC

Full article 3 comments

World Trade Organization, or WTO, reached a groundbreaking accord in Kenya on Saturday which obliges developed countries to eliminate subsidies for their agricultural exports as requested by the least developed nations to protect their farmers. Read full article

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Brasileiro
It is an advance that could greatly benefit the food producing countries that do not subsidize their producers.

The WTO has achieved great victories during the term of Brazilian Roberto Azevedo.

South America will be the most favored region by that measure.
Dec 21st, 2015 - 09:58 am - Link - Report abuse 0
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Briton
But we thought you wanted nothing from the west,
Dec 21st, 2015 - 08:08 pm - Link - Report abuse 0
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Skip
Will be a massive boon to Australia's agricultural sector.

As one of the most efficient and least subsidised in the world we are about to become even more competitive.

And our free trade agreements with countries such as the US, China, Korea and Japan will help us sell even more now that our competitors in both developed and developing countries can't undercut us.
Dec 21st, 2015 - 09:01 pm - Link - Report abuse 0
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