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ID:
169663
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| Summary/Abstract |
This article provides a brief overview of the history of GATT and its successor the WTO and explains why the remit of the negotiations was extended to include agricultural trade. Even though the liberalisation of the latter was supposed to be for the benefit of developing nations, it has not had that effect, as the more affluent OECD member states have retained tariffs on high value products while subsidising their own production. In the 1990s, India like many other countries began to dismantle its tariff and non-tariff barriers to comply with commitments made at the Uruguay round under the Agreement on Agriculture, However, as the later Doha round ended in stalemate, India must take a more offensive position to uphold its national interests.
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| 2 |
ID:
117903
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| Publication |
2011.
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| Summary/Abstract |
This study seeks to examine the impact of the Agreement on Agriculture (AoA) of the World Trade Organization (WTO) on the balance of agricultural trade of South Asian countries (SAC). The evidence suggests that AoA has failed to boost the SAC farm trade surplus. SAC, as a whole, are net losers in new trade regime. Further, analysis indicates that under the WTO regime, openness of Indian, Sri Lankan and Bangladeshi agriculture has increased. In sharp contrast, Pakistan's agricultural economy has been gradually closed up. The need of SAC is to designate their food items as special products and to create an effective and proactive special safeguard mechanism for safeguarding their food security base, in order to shield the livelihood of millions of resource poor farmers from frequent farm imports surges.
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