THE REGULATION OF AGRICULTURAL SUBSIDIES WITHIN THE WORLD TRADE ORGANIZATION
Slobodan Ceranić, Dejan Djurić, Dragana Djurić
Abstract
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Slobodan Ceranić, Dejan Djurić, Dragana Djurić
Abstract
Open-access reader
Only after the collapse of all previous negotiations, it was clear that the problem of the integration of agriculture in multilateral trading system is more complex and requires a more comprehensive approach.Very useful in the realization of arguments for the protection of agricultural producers who guarantee placement, subsidies are often the instrument in the implementation of agricultural policy, especially in developed countries.Since they are seen as trade barriers with a very distorting influence, the WTO was to start negotiations for their reduction.During the Uruguay Round it was managed to give their definition, categorization, and reach consensus for a gradual reduction and eventual abolition of export subsidies.However, after this initial success there was the absolute collapse of the negotiation process.This paper focuses on the explanation of negotiation efforts through comparative analysis of the Agreement on agriculture and the latest proposal in order to solve the problem of subsidies (Doha 2008).
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Only after the collapse of all previous negotiations, it was clear that the problem of the integration of agriculture in multilateral trading system is more complex and requires a more comprehensive approach.Very useful in the realization of arguments for the protection of agricultural producers who guarantee placement, subsidies are often the instrument in the implementation of agricultural policy, especially in developed countries.Since they are seen as trade barriers with a very distorting influence, the WTO was to start negotiations for their reduction.During the Uruguay Round it was managed to give their definition, categorization, and reach consensus for a gradual reduction and eventual abolition of export subsidies.However, after this initial success there was the absolute collapse of the negotiation process.This paper focuses on the explanation of negotiation efforts through comparative analysis of the Agreement on agriculture and the latest proposal in order to solve the problem of subsidies (Doha 2008).
Key concepts: Subsidy, World trade, Agriculture, International trade, Business, International economics, Agricultural science, Agricultural economics