Something to cheer for Agriculture
and Cotton
Agreement on the agriculture of the
Bali Package focused on two issues.
Much of the focus was on shielding
public stockholding programmes for
food security in developing countries,
so that they would not be challenged
legally even if a country‘s agreed
limits for trade-distorting domestic
support were breached.
The proposed solution will be
interim, and much of the discussion
was about what would happen at the
end of the interim period. The
outcome of negotiations was for the
interim solution to exist until a
permanent one is agreed, with a work
programme set up targeting to create
a permanent result in four years.
The other issue was about ―tariff
quota administration‖, how a specific
type of import quota (a ―tariff quo F ( `