PDF _ RS21905 - The Agriculture Framework Agreement in the WTO Doha Round
9-Aug-2004; Charles E. Hanrahan; 6 p.

Update: October 22, 2004

Abstract: WTO member countries reached agreement on July 31, 2004 on a framework for concluding agriculture negotiations in the multilateral trade round known as the Doha Development Agenda (DDA). The framework, part of a work program for all negotiating issues in the DDA (non-agricultural market access, services, trade facilitation, etc.), sets the stage for a next phase of agricultural negotiations which will determine specific targets for curbing trade-distorting domestic support, reducing trade barriers and eliminating export subsidies. The work program establishes no deadline for completing the DDA, but does schedule a Ministerial Conference for December 2005, although negotiations could extend beyond that date into 2006. In the meantime, trade promotion authority procedures (fast-track) for considering legislation to implement trade agreements will expire on June 1, 2005, but can be renewed for two years if Congress does not disapprove. DDA negotiations, which could affect farm programs and spending levels authorized in the 2002 farm bill, could be wrapping up as Congress begins considering the next farm bill. This report will be updated as events warrant. [read report]

Topics: Agriculture, Economics & Trade, International

1392 
Start Over