Australian view on the Cancun outcome
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CTA. 2004. Australian view on the Cancun outcome. Agritrade, January 2004. CTA, Wageningen, The Netherlands.
Permanent link to cite or share this item: https://hdl.handle.net/10568/52875
External link to download this item: http://agritrade.cta.int/Back-issues/Agriculture-monthly-news-update/2004/January-2004
An Australian perspective on the outcome of Cancun is provided by the...
An Australian perspective on the outcome of Cancun is provided by the Australian Commodities Quarterly of December 2003 which includes an article on ‘WTO agricultural negotiations: the way forward from Cancun '. The paper recommends using the ‘Derbez text' as a basis, with suitable modifications to deliver greater market opening. It advocates a revision of the approach to tariff reductions, with the ‘ current “blended” approach to tariff reductions' being changed ‘to an approach that dictates cuts based on the initial size of the tariff'. It also argues for revisions of the text on domestic support and export subsidies, most notably through capping the aggregate measure of support allowed. The paper illustratively looks at what levels of tariff reductions would be required in the EU and USA before new trade could be generated and finds that the required levels of cuts for specific commodities ranged from 24% to 97% in the case of the EU. Comment: The paper illustrates the reasoning lying behind the Cairns group's approach to the agricultural negotiations in the WTO. In certain areas ACP countries can look to building common ground with the Cairns group, in other areas the group's proposals would profoundly erode both the margin and the value of the preferences that ACP countries enjoy.
SubjectsMARKETING AND TRADE;
- CTA Agritrade