WTO Agreement on Agriculture and South Asia's Farm Trade

Posted: 9 Feb 2016

Date Written: February 8, 2011

Abstract

This study seeks to examine the impact of the Agreement on Agriculture (AoA) of the World Trade Organization (WTO) on the balance of agricultural trade of South Asian countries (SAC). The evidence suggests that AoA has failed to boost the SAC farm trade surplus. SAC, as a whole, are net losers in new trade regime. Further, analysis indicates that under the WTO regime, openness of Indian, Sri Lankan and Bangladeshi agriculture has increased. In sharp contrast, Pakistan's agricultural economy has been gradually closed up. The need of SAC is to designate their food items as special products and to create an effective and proactive special safeguard mechanism for safeguarding their food security base, in order to shield the livelihood of millions of resource poor farmers from frequent farm imports surges.

Keywords: World Trade Organization, Agreement on Agriculture, South Asia, India, Bangladesh, Sri Lanka, Pakistan, farm trade, food security, livelihood security, farmers

Suggested Citation

Ohlan, Ramphul, WTO Agreement on Agriculture and South Asia's Farm Trade (February 8, 2011). Available at SSRN: https://ssrn.com/abstract=2729115

Ramphul Ohlan (Contact Author)

Maharshi Dayanand University ( email )

Rohtak, Haryana 124001
India

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