WTO TALKS UPDATE

BY KEITH NUTHALLTHE WORLD Trade Organisation (WTO) is approaching a key deadline in the agricultural section of its ongoing Doha Development Round. Its 146 member countries have until March 31 to complete a so-called 'modalities' agreement for the discussions. This should include binding targets for the talks on future tariff levels, import quota sizes, export subsidies and production grants. Member countries then have to agree over the following two years how to achieve that goal, identifying individual products that will be subject to tariff and subsidy cuts. ...


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