Press Release Summary = The issue of cotton subsidies in developed countries is one of the most contentious and challenging ones for the World Trade Organisation (WTO).
Press Release Body = Cotton and the WTO: What has been Achieved?
The issue of cotton subsidies in developed countries is one of the most contentious and challenging ones for the World Trade Organisation (WTO). In the past the WTO has maintained that cotton should not be considered separately from other agricultural products, and the USA has supported this stance. The C-4 group was aided in its campaign by a legal challenge launched by Brazil against US cotton support policies in 2002. Brazil's challenge helped to raise the profile of the C-4 group's campaign and to secure worldwide coverage and widespread sympathy for the plight of the C-4 countries. All agricultural export subsidies will be eliminated by 2013 and domestic subsidies gradually reduced. In the case of cotton, developed countries are to eliminate export subsidies in 2006. Also, they will grant duty-free and quota-free access to exports from least developed countries (LDCs), although no timetable for this has been agreed. Achieving them could therefore prove challenging.
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2012
