On 17 July last week the EU and Brazil, supported by Columbia, Peru and Uruguay, put forward a proposal at the WTO in Geneva in an effort to build momentum to reach agreement on revisions to agricultural domestic support disciplines and on a resolution of the public stockholding issue at the upcoming WTO Ministerial Council meeting in Buenos Aires in December (I will refer to this as the EU-Brazil proposal in what follows). This follows a similar joint initiative by these two WTO members to eliminate export subsidies in the run-up to the last WTO Ministerial Council meeting in Nairobi in December 2015, which resulted in the Nairobi Ministerial Decision on Export Competition. What is the prospect that last week’s proposal might meet with similar success?
The negotiating context
At the end of last year in November 2016 Ambassador Vangelis Vitalis provided an overview of the state of play of the agriculture negotiations at a meeting of the Committee on Agriculture in Special Session (CoA-SS) .… Read the rest
EU-Brazil WTO proposal on domestic support
