Joint Proposal by India & China in WTO
August 31st, 2017
India and China have jointly submitted a proposal to the World Trade Organisation (WTO) calling for the elimination of the most trade-distorting form of farm subsidies, known as Aggregate Measurement of Support (AMS) as a prerequisite for consideration of other reforms in domestic support negotiations. The proposal is significant in view of the ongoing negotiatiobs for the upcoming 11th Ministerial Conference of the WTO, which is scheduled to be held in Buenos Aires in December 2017. It counters the efforts of some countries to target the subsidies of the developing countries while letting the developed countries retain their huge farm subsidies.