Export subsidies, like import taxes, highly distort trade. Consequently, the WTO should act vigorously to achieve their phaseout. Commitments in the Uruguay Round Agreement on Agriculture (URAA) on export competition focused mostly on explicit taxpayer financed export subsidies. Twenty-five countries agreed to limits on and reductions in both the volume and value of export subsidies (and the prohibition of new subsidies) for 23 product categories...
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INFORMATION
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2003/09/10
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Bulletin d’information
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31911
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1
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1
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2010/07/01
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Export subsidies: agricultural policy reform and developing countries
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export subsidy