S08classnotes5

S08classnotes5 - ,.An I v.JjQ - Ptt,iN(i~( fS-J rat...

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CHAPTER 10 EXPORT SUBSIDIES IN AGRICULTURE AND HIGH-TECHNOLOGY INDUSTRIES 357 Agreements Made at the Hong Kong WTO Meeting, December 2005 This table shows the outcome of a 2005 WTO Hong Kong, which had as its major focus the sibsidies provided to agricultural products. This meeting was part of the Doha round wro negotiations, which have not yet been concluded. Issue Decision Made in Hong Kong Unresolved in Hong Kong Agricultural export subsidies Domestic farm supports Agricultural tariffs Cotton Industrial goods Services Development Abolition by end of 2013, with a "sub- stantial part" scrapped before 2011. and parallel elimination of indirect subsidies. Agreement to classify WTO members in three bands based on their level of do- mestic farm support (top-European Union, middle-United States and Japan. bottom-eveJYone else).
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S08classnotes5 - ,.An I v.JjQ - Ptt,iN(i~( fS-J rat...

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