The EU-Brazil WTO proposal on domestic support and public stockholding is a significant step.
Possible outcomes for UK domestic support commitments in its WTO schedule after Brexit
Determining the UK’s share of the EU’s trade-distorting domestic support ceiling after Brexit will depend partly on the allocation key but also the amount to which it is applied.
Taking on board new concerns, such as rebasing the calculation of domestic support and extending disciplines on export restrictions, is the key to a successful outcome of the post-Bali work programme in agriculture.
The intellectual case for the G-33 public stock-holding proposal for the Bali mini-package is weak and the proposal itself has the potential to lead to damaging trade distortions, not least for other developing countries.