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The Agreement on Agriculture (AoA) is a World Trade Organisation treaty that focuses on reducing the agricultural support and subsidies given to domestic producers by countries. It is one of the most contentious agreements within the WTO.
The WTO's Agriculture Committee oversees implementation of the Agreement and provides a forum for members to address related concerns. Three pillars of Agreement on Agriculture: Domestic Support: It calls for reduction in domestic subsidies that distorts free trade and fair price.
May 9, 2024 · What is WTO’s Agreement on Agriculture (AoA)? The AoA is an international treaty of the World Trade Organisation (WTO), negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade. It entered into force with the establishment of the WTO on 1 January 1995.
The WTO Agreement on Agriculture contains provisions in 3 broad areas of agriculture and trade policy : market access, domestic support and export subsidies. Market Access. This includes tariffication, tariff reduction and access opportunities.
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Dec 21, 2020 · The Agreement on Agriculture has three major pillars. They are: Market access. Domestic support (subsidies) Export subsidies/competition. The Agriculture Committee oversees the implementation of the Agreement. The committee is made up of WTO members and usually meets three or four times a year.
The Agreement on Agriculture (AoA) is an international treaty of the World Trade Organization. It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade , and entered into force with the establishment of the WTO on 1 January 1995.
Jan 22, 2024 · Agreement on Agriculture (AoA) Three Pillars of the Agreement on Agriculture. India’s concern regarding Fixed external reference price. Peace Clause. Export subsidies. Special Safeguard Mechanism. Concern for India with respect to WTO’s AoA. India’s Stand.
Key Points. About: It is aimed to remove trade barriers and to promote transparent market access and integration of global markets. The WTO's Agriculture Committee oversees implementation of the Agreement and provides a forum for members to address related concerns.
This new edition provides an introduction to the WTO’s Agreement on Agriculture, outlining its key principles, the work of the Agriculture Committee, and how disputes have interpreted WTO law on agriculture.
