TWN Info: Nairobi green signal for continued US trade-distorting agri-exports

Nairobi/New Delhi, 21 Dec (D. Ravi Kanth) - The Nairobi "deliverable" on export competition on Saturday (December 19) provided a major victory for the United States, which secured the green signal to continue with its current trade-distorting agri-export programs with export credits, and food aid.

The US, Brazil and the EU also ensured that India did not get the language it proposed on the accelerated work program for the special safeguard mechanism (SSM) and permanent solution for public stockholding programs for food security.

The so-called G-5 meeting involving the United States, the European Union, China, India, and Brazil witnessed several battles on outcomes concerning export competition, SSM, and public stockholding programs for food security.

"Our work to secure a global (accord) on export subsidies will help level the playing field for American farmers and ranchers," the US Trade Representative Ambassador Michael Froman claimed after the meeting. "The WTO's actions in this area will put an end to some of the most trade distorting subsidies in existence and demonstrates what is possible when the multilateral trading system comes to solve a problem," he said, suggesting that members should pursue new "multilateralism".

The language on export subsidies says, "developed members shall immediately eliminate their remaining scheduled export subsidy entitlements as of the date of adoption of this Decision" but with several caveats including that it "shall not cover processed products, dairy products, and swine meat of a developed member" until 2020.

Switzerland, Canada and Norway have four years to continue with export subsidies for processed products and dairy products even though they sought seven years, said a source familiar with the G-5 meeting.

India did not secure what it wanted on export subsidies but managed to retain Article 9.4 of the Agreement on Agriculture. The developing countries will have to end their export subsidies by 2023 as compared to 2028 in the facilitator's first draft issued on December 17.

But in a footnote on export subsidies in the final decision, India is forced to agree to eliminating "its export subsidies by the end of 2022 for products or groups of products for which it has notified export subsidies in one of its three latest export subsidy notifications examined by the Committee on Agriculture before the date of adoption of this Decision."

On export credits, the US managed to secure maximum repayment period for 18 months with a standstill provision for the existing programs. The 2005 Hong Kong Ministerial Declaration and the 2008 revised draft modalities suggested a repayment period of only 180 days or six months.

The US also secured flexible disciplines on self-financing in the terms and conditions for export credits. The developing countries are offered four years, by 2020, to phase-out their current repayment terms for export credits and subsequently, continue with a maximum repayment period of 18 months.

The agreement on food aid is specifically beneficial for the US as it contains only limited disciplines without covering the monetization of non-emergency food aid, said an official familiar with the meeting.

The European Union which sought stronger binding disciplines on food aid in accordance with the 2008 revised draft modalities agreed to the outcome without much opposition, a European official said.

The disciplines on agricultural exporting state-trading enterprises contain best endeavour provisions "to ensure that the use of export monopoly powers by agricultural exporting state trading enterprises is exercised in a manner that minimizes trade distorting effects and does not result in displacing or impeding the exports of another Member."

On special safeguard mechanism and the public stockholding programs for food security, India managed to get an accelerated work program with indefinite timeframe. Though India, China, and Turkey asked for concluding the decisions on these two issues by end-2017, there is no time frame in the final decision issued at the Nairobi ministerial meeting.

The decision on SSM mentions the Hong Kong Ministerial Decision but not the 2008 revised draft modalities of the Doha negotiations. The US effectively ensured that there is no mention of DDA decisions in SSM, said a source familiar with the meeting.

www.twn.my

  • Rate this item
    (0 votes)
  • Published in Updates
  • Read 11760 times

590 comments

  • ShaneWeeks

    ShaneWeeks

    Comment Link Monday, 02 April 2018 17:57

    i want to buy viagra in india
    viagra generic
    buy viagra professional online
    buy generic viagra online
    how to get the most out of viagra
    viagra tablets
    cheap viagra without rx
    viagra tablet
    order viagra online mastercard

  • Jamesvek

    Jamesvek

    Comment Link Monday, 02 April 2018 16:24

    viagra in vendita online
    buy generic viagra online
    sildenafil pfizer 100 mg filmtabletta
    generic viagra
    crushing viagra tablets
    viagra tablets
    can use cialis viagra together
    viagra pills
    what would happen if a girl took a viagra pill

  • Williamrhymn

    Williamrhymn

    Comment Link Monday, 02 April 2018 12:18

    cheap cialis ireland
    generic cialis
    generic cialis online buy
    generic cialis
    cheapest real cialis
    cialis
    buy cialis overnight
    cialis online
    buy cialis 20 mg online

  • Jerrodzen

    Jerrodzen

    Comment Link Sunday, 01 April 2018 20:22

    order cialis online cheap
    generic cialis online pharmacy
    buy cialis generic canada
    buy generic cialis
    cheapest genuine cialis
    cialis
    buy cialis in canada
    buy cialis
    cheapest way to buy cialis

  • Richardironi

    Richardironi

    Comment Link Sunday, 01 April 2018 09:49

    buy cialis no prescription needed
    buy cialis online
    buy cialis united states
    cialis online
    generic cialis online cheap
    canadian cialis
    cialis tablets for sale uk
    cialis pills
    where to buy cialis pills

  • ArthurGak

    ArthurGak

    Comment Link Sunday, 01 April 2018 03:44

    buy brand name cialis online
    cialis online
    buy cialis in italy
    buy cialis
    should you buy cialis online
    cialis pills
    best place buy generic cialis online
    cialis canada
    how to order cialis online

  • StanleyTit

    StanleyTit

    Comment Link Saturday, 31 March 2018 16:28

    has viagra gone generic yet
    erection pills
    cheap pfizer viagra online
    ed pills
    can you buy viagra vietnam
    erectile dysfunction remedies
    lowest price brand name cialis
    ed pills that work
    can you really buy cialis online

  • Arthurfreek

    Arthurfreek

    Comment Link Friday, 30 March 2018 10:05

    viagra from pfizer online
    generic viagra online without script
    movie about viagra salesman
    generic viagra online
    durex viagra condom for sale
    viagra for sale uk
    tips buying viagra online
    viagra on sale
    cheapest viagra substitute sildenafil

  • Randysor

    Randysor

    Comment Link Friday, 30 March 2018 08:08

    buy viagra online
    viagra sale
    viagra generico brasilia
    viagra for sale uk
    price viagra cialis levitra
    viagra online
    viagra online 24 ore
    buy viagra online
    buy women viagra uk

  • CharlesMiz

    CharlesMiz

    Comment Link Thursday, 29 March 2018 19:44

    qual generico do viagra
    buy generic viagra
    buy viagra in durban
    generic viagra online without script
    viagra wholesalers uk
    viagra sale
    lowest price generic viagra
    viagra for sale
    viagra online italia paypal

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

back to top