WTO Committee on Agriculture examines counter-notifications against India's rice policy

Published 2024년 12월 4일

Tridge summary

The Committee on Agriculture at the World Trade Organization (WTO) held a meeting on November 26-27, focusing on food safety, technology transfer, and transparency, and reviewing members' agricultural policies to ensure WTO commitments. Members agreed to conclude the third triennial review of the Nairobi Decision on Export Competition. The meeting also involved discussions on a counter-notification regarding India's market price support for rice and wheat. A group of countries, led by the United States, submitted a counter-notification challenging India's MPS levels, arguing they exceed the WTO's threshold for developing economies. However, India refuted the claims, asserting compliance with WTO obligations and criticizing the reliance on outdated reference prices, while also encouraging cosponsors to submit overdue notifications rather than engaging in counter-notification activities.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Planeta Arroz) At the November 26-27 meeting of the Committee on Agriculture, World Trade Organization (WTO) members discussed a wide range of issues, including food safety, technology transfer, and transparency, while continuing their regular review of each other’s agricultural policies to ensure compliance with WTO commitments. Members agreed to conclude the third triennial review of the Nairobi Decision on Export Competition through a written procedure. In addition, discussions included a counter-notification on India’s market price support for rice and wheat. At the meeting, the United States, on behalf of several countries (including Argentina, Australia, Canada, and Ukraine), submitted a counter-notification (G/AG/W/250) on India’s Market Price Support (MPS) for rice and wheat during 2021/22 and 2022/23. It claimed that the group’s data indicated that India’s MPS levels—exceeding 87% for rice and 67–75% for wheat—far exceed the 10% threshold for developing economies ...

Source: Planetaarroz