Cross subsidising political groups in the name of agriculture - Essay Example

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Cross subsidising political groups in the name of agriculture

We had seen a large protests and processions consequent to every talk. There is lot of lobbying for and against the trade negotiations inside and outside the international trade bodies. It is not economics, but its impact on domestic politics was the major cause for each and every countries.The last one decade has seen a tremendous effort from the developing countries going for substantial efforts to make structural changes in their economies as part of reform agenda. Elimination of export subsidies , reductions in, and tighter criteria for, domestic "trade distorting" subsidies in developed countries, reduction of tariff peaks and standardization and rationalization of food safety and processing requirements In this back ground there should have been some efforts from the developed world to genuinely address the concern of the developing world. Any how Doha meet was failed in reaching at any concrete step before the next talk. In the year2003, Members again get together at Cancún to forge concrete agreement on the Doha round objectives. The focus of Cancun negotiations were on agriculture, industrial goods, trade services and custome codes reforms. But again the developed world and developing world fight on agriculture sector.Here also rich countries’ farm subsidies suchas European Unions’s Common Agriculture Policies and US governments agro subsidies were the major road block. A group spearheaded by G4 nations consist of China, India, Brazil and South had vehemently opposed the G20 nation’s policies on agricultural subsidies ...
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Summary

Politics is continued to play the major role in the international trade negotiations.Irrespective of developed,developing and least developed status,countries have been trying to block a genuine international trade regime. …
Author : cartermaddison

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