Food security, agriculture development and trade facilitation

A recent consultation at WTO discussed sensitive and important issues : food security and agriculture development in the perspective of trade facilitation.

In particular, one proposal from the G-33 group of developing countries suggests extra special treatment to protect their poor farmers including taxing early adoption of goods for food security.  However, responses on this matter varied with supporters mainly came from developing countries in the G-33 and Agriculture G-20 group. While all agreed that food security is of crucial importance, some questioned whether  such proposal might imply no disciplines on stockholding and argued that the biggest boost to food security would come from reforming agriculture trade.

Most members concluded that the discussion was constructive that set forth future negotiation dialogue.  More consultations from delegations would be expected, but a balance between agriculture and other subjects such as trade facilitation is demanded.

For more information: http://www.wto.org/english/news_e/news12_e/agng_07dec12_e.htm

Weekly News – APEC Ministerial Conference on September 5

APEC Ministerial Conference took place in Vladivostok, Russia, on September 5.

The conference discussed issues on global value chains, food security, Doha Development Agenda, multilateral co-operation, and trade and development innovation. It also reached tariffs deal on an extended list of environmental goods.

Asia-Pacific Economic Cooperation (APEC), established in 1989, is a forum for 21 Pacific Rim member economies to support sustainable economic growth and prosperity by promoting free trade and economic cooperation in the Asia-Pacific region. APEC focuses on three key areas:

  • Trade and Investment Liberalization
  • Business Facilitation
  • Economic and Technical Cooperation

The APEC Ministerial Conference sets the stage for the 2012 APEC Economic Leaders’ Meeting, hosted by Russian President Vladimir Putin, in Vladivostok on September 8-9.

For more information: http://www.apec.org/