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India endorsed ‘support per farmer rule’ at WTO farm subsidy negotiation

The US, EU and Canada is planning to give $160 billion of trade-distorting type of farm subsidies to merchandise together with cotton, wool and tobacco

Admin by Admin
November 17, 2020
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TAD NewsDesk, New Delhi: India has endorsed and taken a stand in favour of “support per farmer” policy at the WTO farm subsidy negotiations. On this “proportionality principle”, it mentioned the new negotiations on home help which should be based on a “support per farmer” foundation and not to be mixed with outlined phrases.

A Geneva based official said,

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“On the proportionality principle, India said that domestic support must be based on a ‘support per farmer’ basis, not be defined as sum total.”

According to the official, India has in addition mentioned a degree enjoying subject might be created by eliminating AMS entitlement past de minimis and that it’s a type of reverse particular and differential remedy.

India additionally advised that an evaluation of the cumulative per farmer agriculture help that has been offered by WTO members from 1995 to the current be accomplished, with these chargeable for the largest distortions up to now making the largest contribution.

In a similar line with a submission by India and China, The US, EU and Canada is planning to give $160 billion of trade-distorting type of farm subsidies to merchandise together with cotton, wool and tobacco.

For India, agriculture reform is not only a problem of export and import but also an issue of meals safety. And hence the country has maintained AMS above de minimis entitlements and hence extreme influence on market.

 

Source: The Great India

 

Tags: WTO farm subsidy negotiation
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