Anthony Nwakaegho /NaijaAgroNet
A group of developing countries known as G33 plans to re-open
World Trade Organization, (WTO) discussions
on limits to support for farmers at the WTO Ministerial Conference in Bali,
Indonesia in December.
The group said that the combined effects of the global economic
slowdown and increasing climatic shocks are threatening food security in developing
countries and want to exceed their agreed domestic support limits when they
buy, stock and supply cereals and other food to boost food security among the
poor, devoid of any legal challenge.
NaijaAgroNet learnt that the WTO rules do not
prescribe limits on the amount of food that can be bought at market prices for
food stocks, and it does not limit the amount of food that can be provided as
domestic food aid at subsidized prices, except that WTO only disciplines buying
cereals at administered prices.
However, developed countries and some developing countries are
concerned that the G33 proposal which is backed by India, China and Indonesia
could affect food security in neighbouring countries as these measures could
lead to surpluses in stocks, which the G33 members might dump in the global
market thereby disrupting global prices.
Chairman of India's Commission for Agriculture Cost and Prices (CACP), Ashok Gulati, said that India
wants more leeway to provide support for its farmers and consumers because the
government is launching a massive subsidized food scheme through a public
distribution system that will reach two-thirds of its population of nearly 800
million people.
He explained that a
situation where India would be in a position to dump excess stocks could arise
"once in 10 years as the larger distortion will be domestic."
NaijaAgroNet noted that a representative from one of
the G33 countries at the WTO, who preferred not to be named, said not all the
members of the group were supportive of the proposal and stressed that “India
is already the largest exporter of rice in the world... Small exporters will
lose their competitiveness because of Indian subsidies... Rice prices are
already going down, and with further subsidies it can lead to a price crash.”
NaijaAgroNet
... Linking agrobiz, people & technology
Nice post! This is a very nice blog that I will definitively come back to more times this year! I don’t even know the way I finished up here, however I assumed this put up was once good.
ReplyDeletefree games online
jogos friv 4 school
ReplyDeleteYou know what? I really like your posts. I wander on the internet to find something new or unique. And I see your articles. I decided to linger at your site and read more and more. I hope that you can upload new posts. I will be the first one to read them. Thanks a million
gogy online games
Games friv online
1 player games unblocked
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained!
ReplyDeleteminiclip jogos free,
play free a10 game,
jogos para crianças
Thanks for another informative site. The place else could I am getting that kind of info written in such an ideal way? I’ve a mission that I’m just now running on, and I have been on the glance out for such info.
ReplyDeletefriv game 2019
io jogos for kids
2player games
Super easy, super healthy. You can either juice wheatgrass by itself as a shot, which is typical, in which case you will want a tray per shot per day you plan to consume. I would say roughly 1 tray = 1 shot.
ReplyDeletefree game online
friv jogos gratis
jogos 360 online game