What is the Agreement on Agriculture?
Submitted by: AdministratorThe Agreement on Agriculture (AoA) came into force on 1 January 1995 and brought not only all basic agricultural products but also the products derived from them under multilateral rules and commitments. Also included are wines, spirits, tobacco products, fibres such as cotton, wool and silk and raw animal skins for leather production. Fish and fish products are not included; nor are forestry products.
The AoA prescribes rules in the areas of market access (tariffs and tariff rate quotas), domestic support (production related subsidies) and export competition (export subsidies, export credit and international food aid). These three elements are commonly referred to as the “pillars” of agricultural trade reform. The commitments of member countries in each of the three “pillars” are contained in their individual schedules. The commitments were implemented over a period of 6 years by developed countries and 10 years by developing countries starting from 1995.
Submitted by: Administrator
The AoA prescribes rules in the areas of market access (tariffs and tariff rate quotas), domestic support (production related subsidies) and export competition (export subsidies, export credit and international food aid). These three elements are commonly referred to as the “pillars” of agricultural trade reform. The commitments of member countries in each of the three “pillars” are contained in their individual schedules. The commitments were implemented over a period of 6 years by developed countries and 10 years by developing countries starting from 1995.
Submitted by: Administrator
Read Online Agriculture Job Interview Questions And Answers
Top Agriculture Questions
| ☺ | Apart from caps on the overall trade-distorting support, are caps proposed on the support for individual products as well? |
| ☺ | Does the WTO determine the customs tariffs on import of agricultural products? |
| ☺ | What is the Agreement on Agriculture? |
| ☺ | Will the de minimis levels of support permissible also be reduced in this Round? Will this lead to India having to reduce any of its subsidies for its farmers? |
| ☺ | Can we use non-tariff measures on imports of agricultural products? |
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