WTO and Agriculture Trade Liberalization - A Focus on China
Madhya Pradesh Journal of Social Sciences, Vol.11, No.1, pp.72-78
6 Pages Posted: 27 Oct 2008
Date Written: June 5, 2006
Agriculture sector plays a vital role in the world economy and provides food for every one of us. The World Trade Organization (WTO) is important body in the international trade and agriculture. Surprisingly, the Agreement on Agriculture (AoA) of WTO does not refer to food and agriculture at all. Agricultural subsidies and trade become controversial issues in the Doha round of talks in the recent past. The entry of China into the WTO has a dramatic impact on the country's farmers. This article discusses the impact of China's entry in the WTO. It also discusses about the WTO and agricultural trade liberalization in developing countries. Further, it analyses critically Doha round of talks on agriculture.
Keywords: WTO, Agriculture trade, China, Doha round of Talks, Global market. India
JEL Classification: F1, F8, Q1, Q17
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