Trade Minister Andrew Robb has hailed as “historic” an agreement among all 163 members of the World Trade Organisation to abolish agriculture export subsidies.
Advertisement
Trump on Clinton: ‘She lies like crazy’
Federal Bureau of Investigation } has linked to Islamist extremism – largely revolved around gun violence and terrorist threats. The incident, as well as earlier attacks in Paris, pushed national security to the forefront of the 2016 White House race.
Mr McClay says the most important outcome for New Zealand is the agreement to eliminate the ability of WTO members to subsidise their agricultural exports.
Trump Retains Lead Among GOP Voters Despite Comments on Muslims
He is defending it against calls of unconstitutionality, pointing out that his proposal would apply only to non-U.S. citizens. They also largely agree with Trump that President Obama was not born in America, and many questioned whether he’s Christian.
Portugal Economy Minister Manuel Cabral said he was confident that developed nations would address the concerns raised by developing countries on issues of subsidies and access to markets during the ongoing WTO conference.
Bad-boy pharma CEO Shkreli calls fraud charges ‘baseless’
Ironically, Shkreli who has been in the news mainly due to his price gouging tactics, did not get arrested due to pricing issues. Shkreli seemed calm and cheerful as he ignored or banned negative commenters and chatted with supporters.
Dairy Companies Association chairman Malcolm Bailey said dropping export subsidies could be worth billions of dollars to New Zealand across all types of agriculture.
As to the issue of a special safeguard mechanism to protect food security in countries of the global South, a separate half-page statement admits that the WTO has failed to make any progress beyond what was agreed at its Hong Kong summit in 2005.
New Zealand farmers look set to benefit from a new trade deal just signed in Kenya. “So this deal has significant meanings for free agriculture trade, and, particularly, for farmers’ income and the growth of agriculture in developing countries”.
On Monday, ahead of the 10 ministerial conference of the WTO in Nairobi, the Chinese government sponsored a major debate on Africa’s perspectives on the future of the global trading system.
“Developed Members shall immediately eliminate their remaining scheduled export subsidy entitlements as of the date of adoption of this Decision”.
But it added: “Other members do not reaffirm the Doha mandates, as they believe new approaches are necessary to achieve meaningful outcomes in multilateral negotiations”.
“Our work in Nairobi marks a turning point for the World Trade Organization”, US Trade Representative Michael Froman said in a statement.
The final draft, however, still reflects the deep divisions amongst the WTO membership on the issue of the reaffirmation of the Doha Development Agenda.
They were joined at the Opening Ceremony by President Ellen Johnson Sirleaf of Liberia whose country concluded its WTO membership negotiations on 16 December.
Advertisement
Kenya’s Foreign Minister Amina Mohamed said the summit would be “remembered as having made that leap” from a time when the WTO was divided along a “developed and developing divide”.
