India hits back at US-led accusation of high agricultural support for rice at WTO

게시됨 2024년 12월 4일

Tridge 요약

The US, along with Canada, Argentina, and Ukraine, have accused India of providing subsidies to its rice and wheat farmers beyond the allowed limits by the World Trade Organization (WTO). The subsidies allegedly exceed the permitted 10% limit of the value of production. India has rejected these claims, stating unclear definitions in the Agreement on Agriculture and the use of outdated reference prices by the US. The US also faces criticism from India for its reporting methodology and inconsistencies with WTO requirements. India is seeking to revise the base year to account for inflation, a matter pending before the trade body. This situation is linked to the achievement of the sustainable development goal of zero hunger by 2030.

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원본 콘텐츠

(By Planeta Arroz) Five major agricultural producers led by the US have accused India of providing support to its rice and wheat farmers far beyond what is permitted under World Trade Organization (WTO) rules, an allegation that was dismissed by Indian representatives in Geneva as baseless. The counter-notification on the issue was brought by the US on behalf of Canada, Argentina, Canada and Ukraine at the WTO Committee on Agriculture meeting and the points raised in the document were promptly refuted by India. The counter-notification came in response to India’s submissions notifying the WTO about the level of its agricultural subsidies. In a submission to the WTO, the US using publicly available data said that India’s overall support to its rice and wheat farmers exceeds 87% and 67-75% of the overall value of production. This support far exceeds the 10% limit for developing economies under WTO rules, the submission said. “India rejected the counter-notification as an unfounded ...

출처: Planetaarroz