MODALITIES PAPER
February 1st, 2003
BY KEITH NUTHALLTHE CHAIRMAN of the World Trade Organisation's agriculture talks has proposed binding liberalisation targets for member governments. In his first draft of a 'modalities' agreement that would set these goals, Stuart Harbinson, of Hong Kong, has suggested, for instance, that all agricultural tariffs greater than 90 per cent should be cut by an average of 60 per cent, with a minimum cut of 45 per cent per tariff line. Also, for all agricultural tariffs lower than 90 per cent and greater than 15 per cent, an average reduction rate should be 50 per ...
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