Agreement on Agriculture

The WTO's Agreement on Agriculture is meant to govern the trade of agricultural goods between member countries. This is meant to be done through lowering barriers to the trade of such goods, particularly through reducing or removing domestic subsidies and tariffs on imports.

There is still great imbalance in global food trade. Rich countries still subsidies their domestic growers whilst demanding that poor countries remove tariffs on imports. This has resulted in some developing countries being flooded with subsidised imports, reducing or wiping out domestic food production.

But as global food prices rise, these policies are placing many countries at risk. With domestic production undermined, many people are unable to buy imported food for basic needs.

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