Page-13 of WTO Current Affairs, GK & News
Japanese government is considering phasing out its over four decades old rice subsidy scheme–“gentan” production adjustment system by March 2019. The system was designed to reduce excess crops as part of government’s programme to bring reforms in agriculture sector. What is the rice subsidy programme in Japan? The government of Japan provides subsidies to its ..
India has decided not to agree to the ‘Peace Clause’ for agriculture subsidies that the World Trade Organization (WTO) Director-General Roberto Azevedo has proposed for Bali talks. India will not agree to any deal until it is clear that the proposed interim solution will be available till a permanent solution to the issue of India’s ..
Roberto Azevedo of Brazil has been nominated as the head of the WTO (World Trade Organization) based at Geneva at a time when there seems an impasse over talks b/w developed and developing nations on freeing global commerce and to help develop poorer nations.Azevedo will take the charge from Pascal Lamy. His nomination has been welcomed by ..
Month: Current Affairs - May, 2013
The World Trade Growth Forecast was cut down the forecast of global trade by 1.2% to 3.3 % from previous 4.5% byWorld Trade Organization (WTO). The anticipated growth is higher than the rate of 2% in 2012 but is below the 20-year average of 5.3%. The 2013 global trade approximation was based on an assumed 2.1% growth in world GDP at market exchange rates, ..