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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.
AGREEMENT ON AGRICULTURE Members, Having decided to establish a basis for initiating a process of reform of trade in agriculture in line with the objectives of the negotiations as set out in the Punta del Este Declaration; Recalling that their long-term objective as agreed at the Mid-Term Review of the
Sep 18, 2021 · 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.
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.
In principle, all WTO agreements and understandings on trade in goods apply to agriculture, including the GATT 1994 and WTO agreements on such matters as customs valuation, import licensing procedures, pre-shipment inspection, emergency safeguard measures, subsidies and technical barriers to trade.
AGRICULTURE: EXPLANATION Summary. This summary provides an overview of key elements of the Agreement on Agriculture and the related commitments, as described in previous pages. The legal text of the Agreement on Agriculture can be downloaded from here.
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.
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.
Sep 7, 2021 · The article explains the Agreement on Agriculture, as one of the agreements administered under the aegis of the World Trade Organisation (WTO) and its effect on the domestic support given by the government.
This chapter provides an overview of the international agricultural trading system. In the first section the structure and the main rules of the WTO Agreement on Agriculture are introduced. The current level of agricultural trade distortions in each.
