The agricultural agreement contains a peace clause or clause governing the application of other WTO agreements to agricultural subsidies (Article 13). The provisions stipulate that Green Box`s domestic support measures must not be subject to countervailing duties or other subsidy measures under the WTO Agreement on Subsidies and Countervailing Measures, nor can they be subject to measures based on non-violation or infringement of tariff concessions under the GATT. Other national support measures consistent with the provisions of the agreement on agriculture may be subject to countervailing duties, but members must exercise the necessary restraint during the investigation. To the extent that aid for certain products does not exceed the aid agreed during the 1992 marketing year, these measures are exempt from other subsidy or cancellation or depreciation measures. Export subsidies that comply with the agricultural agreement are, if necessary, covered by appropriate provisions. In WTO terminology, subsidies are generally characterized by boxes that preserve the colours of traffic lights: green (authorized), amber (slower, i.e. reduce), red (prohibited). In agriculture, as usual, it is more complicated. The agricultural agreement does not have a red box, although it is forbidden to provide domestic aid exceeding the obligations of reduction in the amber box; and there is a blue box for grants related to programs that limit production. There are also exceptions for developing countries (sometimes referred to as the “S-D Box” or “development box,” including the provisions of Article 6.2 of the agreement). As a result of this deficiency, the WTO was created as an international organization that oversees the functioning of the rules-based multilateral trading system. The WTO is based on a series of trade agreements negotiated during the Uruguay Round (1986-1994). The Marrakesh Treaty created the WTO at the end of the Uruguay Round.
India will advocate for a trade facilitation agreement in the services sector within the WTO and will have made a significant contribution to the country`s economy. The EU and the US have actively protested against the EU and US agriculture project with other developing countries. Famous for Trade Facilitation Agreements and the Peace Clause It was considered essential that the four-year-old PDA negotiations progress to the point of concluding the round in 2006. At the meeting, countries agreed to end all agricultural export subsidies by the end of 2013 and to end cotton export subsidies by the end of 2006. Further concessions have been made to developing countries for duty-free access for products from least developed countries as a result of the European Union`s “Everything but Arms” initiative, with up to 3% of tariffs. Other important questions have not yet been asked until the end of 200 |6 to conclude new negotiations. Bilateral, regional and global agreements in which India participates and/or undermines India`s interests Commitments made under the Agriculture Convention and in the framework of members` working hours are part of an ongoing process. As soon as the Uruguay Round was completed, members agreed to hold new negotiations on agriculture from one year before the six-year implementation period expired (Article 20).
These negotiations will examine other commitments needed to achieve the long-term goal of a significant gradual reduction in aid and protection leading to fundamental reform. The negotiations should also take into account factors such as the experience gained during the implementation period, the impact of Uruguay Round reduction commitments on world trade in the agricultural sector, non-trade issues, the special and differentiated treatment of members of developing countries and the objective of establishing a fair and market-based agricultural trading system.