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World Trade report for food security box for developing world
Cancun, Sept 10: Describing agriculture as the critical livelihood issue for developing nations, the world trade and development report today underlined the need for providing a food security box for countries with large populations dependent on farming.
Cancun, Sept 10: Describing agriculture as the critical livelihood issue for developing nations, the world trade and development report today underlined the need for
providing a food security box for countries with large
populations dependent on farming.
The report prepared by research and information system
for non-aligned and other developing countries has called for
special dispensation under special and differential treatment
provision in agriculture for nations with more than 50 per
cent of population depending on it for livelihood.
It also sought setting up of an independent commission to review the multilateral trading system.
The report which touches upon various issues relating to The agreement on agriculture including developed country market access for developing countries, tariff rationalisation special safeguard measures for the special products, said, "the principle of higher reduction rates for higher tariffs may be applied which would cover a large number of products of developed countries".
Emphasising on linking of three pillars of agreement on agriculture that is market access, domestic support and export subsidy, it said, "The market access commitments which the agreement seeks to secure would be viable only if domestic support reduction commitments are ambitious". Bureau Report
It also sought setting up of an independent commission to review the multilateral trading system.
The report which touches upon various issues relating to The agreement on agriculture including developed country market access for developing countries, tariff rationalisation special safeguard measures for the special products, said, "the principle of higher reduction rates for higher tariffs may be applied which would cover a large number of products of developed countries".
Emphasising on linking of three pillars of agreement on agriculture that is market access, domestic support and export subsidy, it said, "The market access commitments which the agreement seeks to secure would be viable only if domestic support reduction commitments are ambitious". Bureau Report