Premium
US—EC agricultural policies and GATT negotiations
Author(s) -
Ames Glenn C. W.
Publication year - 1990
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(199007)6:4<283::aid-agr2720060402>3.0.co;2-l
Subject(s) - subsidy , negotiation , international trade , agriculture , export subsidy , compromise , economics , competition (biology) , international economics , multilateral trade negotiations , agreement on agriculture , agricultural policy , common agricultural policy , trade barrier , business , market access , commercial policy , european union , free trade , market economy , political science , ecology , law , biology
The fundamental contradictions between the United States and the European Community in the Uruguay Round of Multilateral Trade Negotiations lie in the foundations of their respective agricultural policies. Their proposals call for a reduction of agricultural price supports, tariffication of nontariff barriers, elimination of export subsidies, and rebalancing of agricultural protection. They address four key issues in agricultural trade: internal farm income support, import access, export competition, and recognized standards for plant and animal health. Policy changes already taken to reduce budgetary expenditures in both trading blocs may provide an opportunity to compromise on the final GATT agreement.