WTO Agreement on Agriculture: A Commentary

Hardcover
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Author: Joseph McMahon

ISBN-10: 0199275688

ISBN-13: 9780199275687

Category: Commercial Law

The WTO Agreement on Agriculture subjected agriculture to a set of international rules for the first time in the history of international trade. Ever since its negotiation, the Agreement has been at the forefront of the controversy surrounding the purpose and impact of the WTO itself. This commentary provides a full legal analysis of the obligations imposed by the agreement on WTO members, and of the complex history of the Agreement's negotiation and revision and the controversy surrounding...

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The WTO Agreement on Agriculture subjected agriculture to a set of international rules for the first time in the history of international trade. Ever since its negotiation, the Agreement has been at the forefront of the controversy surrounding the purpose and impact of the WTO itself. This commentary provides a full legal analysis of the obligations imposed by the agreement on WTO members, and of the complex history of the Agreement's negotiation and revision and the controversy surrounding its effect on international development.The commentary is structured around the three areas of reform initiated by the Agreement - market access, domestic support and export competition. The book provides an in-depth examination of the substantive provisions and the disputes that have arisen in each of these three areas. In addition, the book situates these provisions against their background in pre-WTO regulation. It analyzes the operation of the 'Peace clause' and assesses the impact of the clause's expiration. The commentary concludes by assessing the Agreement's accommodation of and impact on developing economies, and examining the process of reforming domestic farm subsidies, one of the dominant issues currently confronting the WTO.

Ch. 1The preamble1Ch. 2Market access24Ch. 3Domestic support63Ch. 4Export competition89Ch. 5The peace clause146Ch. 6Special and differential treatment164Ch. 7Continuing the reform process192Ch. 8The Doha development agenda224App. 1The agreement on agriculture255App. 2The modalities agreement : modalities for the establishment of specific binding commitments under the reform programme MTN.GNG/MA/W/24281App. 3The July framework : decision adopted by the general council on 1 August 2004 (WT/L/579) annex A framework for establishing modalities in agriculture300