The new Nairobi Declaration includes the elimination of agricultural export subsidies and further tariff reduction for information and technology products.
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Hardening its stance in the ongoing WTO talks, India today strongly objected to the draft text on agriculture and said some countries are pushing for a deal on phasing out export subsidies with “some undue haste”.
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“Given the scale and significance of New Zealand’s agricultural export earnings, the removal of any instrument that can distort market forces and disadvantage our exporters is an important step forward”, says Federated Farmers National President Dr William Rolleston.
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Since its very high-profile entrance into the music-streaming world in June, Apple Music has been a constant source of debate. What’s interesting here is that “other” actually had a bigger market share than Blackberry at 1.2% and Blackberry at 0.7%.
Mr McClay said it’s been illegal to subsidise exports of industrial goods for more than half a century and that it’s a major achievement to extend that to agriculture at last.
WTO Director-General Roberto Azevedo (L) and Chair of the 10th WTO Ministerial Conference and Kenyan Foreign Minister Amina Mohamed attend the closing ceremony of 10th Ministerial Conference of the World Trade Organization (WTO) in Nairobi, Kenya, on December 19, 2015.
He said developed countries should address the concerns of developing nations on issues of subsidies and access to markets for their products.
The final declaration adopted in Nairobi on Saturday said “many members” reaffirmed their “full commitment to conclude” the Doha Development Agenda mandates, while some members “believe new approaches are necessary to achieve meaningful outcomes in multilateral negotiations”.
“It is our duty to safeguard the legitimate interests of poor farmers and the food security of hundreds of millions in developing countries”, she said.
The statement assumes significance as developed countries have stated that they do not want to move ahead with the Doha Round, negotiations for which started in 2001.
Minister Robb is in Nairobi, Kenya at the WTO’s Tenth Ministerial Conference.
The biggest winners from a global trade deal would be the world’s least-developed countries, most of whom are excluded from regional trade talks going on elsewhere, such as the United States-led Trans-Pacific Partnership. “Everybody is determined to make this happen and trying to do everything they can”, she said regarding the progress of the negotiations.
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Member countries agreed to abolish agricultural export subsidies and also approved the accession of Liberia and Afghanistan into the WTO.
