With respect to the additional direct agricultural payments from the U.S. government in response to the COVID 19 pandemic, the United States stated that it had no further comment on federal government spending for the period 2020-2021, which went beyond what had already been announced. These short-term programs were aimed at minimizing the impact on the market and aimed at mitigating the negative effects of COVID-19 on agriculture and consumers in the United States, the United States said, adding that it continued to be fully committed to meeting its domestic support obligations within the WTO. Responding to the European Union`s concerns about the recent EU-US agreement on tariff reductions, she said she saw « this initiative as a first step towards de-escalating bilateral trade tensions and support for the settlement of ongoing disputes. This agreement does not apply to any agricultural products » (i.e. no product falls under the HS code in Schedule 1 of the Agriculture Convention). The United States agreed with the EU`s view and reaffirmed that « tariff reductions related to this agreement will be extended on the basis of the most favoured nations. » The WTO agreement on agriculture has negative and positive effects on Indian agriculture. About 70% of India`s population depends on agriculture, so total export – the import of agricultural raw materials depends directly or indirectly on WTO legislation. WTO standards therefore play a crucial role in improving the socio-economic conditions of the rural population in India. Indeed, WTO legislation has a direct or indirect impact on the Indian economy. He said a « good starting point for the reform agenda » of the WTO would be to « redress the imbalances » in the agricultural agreement and to ensure a level playing field, especially for developing countries. The deafening cymbal collision that launched the trade war between the United States and China at the World Trade Organization (WTO) mitigated the drumming of the attack on India, a relentless attack on the country`s agricultural and food security policy, and its export incentive package. WTO members made important decisions on agriculture at the WTO Ministerial Conference in Nairobi, Kenya, in 2015.
These include the obligation to remove agricultural export subsidies, decisions on public storage for food security purposes, a special safeguard mechanism for developing countries and trade rules for cotton. The emergence of the problem lies in the breach of many agreements that are etched in the marble of the WTO, agreements negotiated during the Uruguay round of the General Agreement on Trade and Customs, which governed world trade before the creation of the WTO on 1 January 1995. The most monstrous of these is the AOA, imposed by savvy negotiators from the rich world to serve their interests. The Conference of State Ministers of Agriculture and Food on 14 September 2000 presented a document outlining the essential features of the agreement and the likely issues that would be being negotiated. The EU`s Ministry of Commerce supported the views expressed at the Conference of Ministers of State. These documents are likely available to the public to attract input from interested parties, although, as usual, they were released far too late to allow for meaningful debate. In accordance with Article 20 of the agreement, all members must submit their proposals by the end of December 2000.