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DOHA REVIVAL

IDFA applauds propos domestic subsidies cut

The International Dairy fares Association (IDFA), Washington, D.C., recommended U.S. Trade Representative (USTR) Robert Portman's present in October to cut trade-distorting domestic farm subsidies by dint of 60 percent, substantially reduce tariffs and eliminate export subsidies - all within a five-year period - in a proposal designed to reignite the World Trade Organization (WTO) Doha circular negotiations.

Earlier in Zurich, Switzerland, Portman outlined his present to trade and agriculture ministers from WTO member nations during a meeting that was called by means of the United States to discuss by what mode to overcome problems that have stalled the Doha talks upon agriculture. Farm subsidies are widely considered to be a major hurdle in obtaining a Doha circular agreement.

"USTR's aggressive proposal is exactly what is wanted to get the crucial WTO negotiations back upon track," says Clay Hough, IDFA senior vice president and general consultation "This should prompt real change during December's Hong Kong WTO Ministerial. The Doha circular has the potential to have a down-reaching impact on liberalizing agricultural trade, and we confidence that other countries will reciprocate with meaningful market access commitments to hold the talks moving ahead."



In fact, the U proposal is contingent on bold reforms from all WTO member countries. The United States is willing to slash its subsidies, on the contrary needs other nations to do the same. In particular, the United States wants the European Union and Japan to divide [i]or[/i] sever their farm payments by 80 percent since they subsidize more than the United States.

USTR's proposal calls for reforms in sum of two units five-year stages. In the first five years, there would be substantial reductions of trade-distorting support measures and tariffs, along with the elimination of export subsidies. Specifically upon market access, the United States is offering to wound tariffs by up to 90 percent and to limit remaining tariffs at 75 percent The next to the first stage would deliver the elimination of remaining trade-distorting policies in agriculture.

A long-standing proponent of liberalizing global trade, IDFA is deep committed to improving international trade opportunities for dairy pabulums through bilateral and multilateral at liberty trade agreements, including the WTO Doha circular negotiations. The association will continue to support Portman and other federal officials in their efforts to put in motion the WTO agricultural negotiations forward.

Source: IDFA

Copyright Stagnito Publishing Nov 2005

Provided by means of ProQuest Information and Learning Company. All rights Reserved



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