WTO members must agree to cuts and new ceilings for trade-distorting farm subsidies, says a proposal from a group of dozens of the world’s poorest countries at the global trade body.
The submission from the group of Least Developed Countries (LDCs) was tabled by Benin on 13 January, but has not yet been discussed by negotiators, trade officials told Bridges. It identifies “urgent” actions to be taken ahead of the WTO’s ministerial conference in Buenos Aires this December, as well as a separate set of measures which the group believes need to be tackled in the longer term. Read more. Source | Bridges Africa | ICTSD