Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


WTO Trade Ministers Must Seize Agricultural Subsidy Reform Opportunity

Ahead of the WTO’s 12th Ministerial Conference from 30 November - 3 December, the Dairy Companies Association of New Zealand (DCANZ) is strongly supporting calls for a meaningful outcome on agricultural subsidies reform.

"Agricultural domestic support reform is the most urgent agricultural trade policy issue needing to be progressed multilateral," says DCANZ Executive Director Kimberly Crewther. "An ambitious outcome would unlock major benefits for global agricultural trade."

Domestic support subsidies are a major source of distortion and price volatility in agricultural markets. They lock in unsustainable food production systems, create significant disadvantages and inequities for unsubsidised producers, and cause a raft of negative environmental impacts through inefficient use of natural resources.

Crewther says domestic support has fallen behind the other key areas of the WTO’s agricultural negotiations and an outcome is long overdue.

"Meaningful domestic support reform would deliver greater global security of food supply, more stable rural livelihoods, fairer competition in agriculture markets, and more sustainable and lower greenhouse gas emissions from food production. These are all critical as the world continues to respond to the challenges created by both the COVID-19 pandemic and climate change."

USD 500 billion is already paid in trade- and production-distorting agricultural subsidies, with much of this amount concentrated in a small number of individual economies. Left unchecked, the current rules for calculating ‘entitlements’ to deploy these distorting and potentially harmful payments will see their potential for permitted use reach USD 2 trillion by 2030. The consequences of allowing agricultural subsidies to potentially quadruple over the next decade would fly in the face of the UN Sustainable Development Goals.

DCANZ is urging Trade Ministers to lend their support to a swift and comprehensive reform of existing WTO rules on agricultural domestic support subsidies. This includes the progressive elimination of all trade- and production-distorting subsidies in the shortest timeframes possible, both in their totality and at an individual sector level.

"It is important that MC12 delivers the highest ambition possible on domestic support reform, as every WTO member stands to benefit," says Crewther. "The key goal put forward by members of the Cairns Group early in 2020 - to cap and reduce by at least half the current trade- and production-distorting domestic support entitlements by 2030 - would be a sound foundation to build from."

It is important that WTO Trade Ministers seize the opportunity MC12 offers, to give much-needed momentum to the WTO’s agricultural negotiations.

"Achieving an outcome on domestic support would help strengthen the WTO’s legitimacy and demonstrate its ability to respond to current challenges facing the multilateral trading system," says Crewther.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Elusive Charms Of Christopher Luxon

Well, the first 36 hours of viewing the Christopher Luxon selfie were always going to be the best, before the repetitions set in. We get it, already. He’s an extroverted/big ego/high achieving/God fearing/country music lovin’/family man who is not at all averse to mansplaining to little ladies like RNZ’s Kathryn Ryan what “technical” words like “productivity” actually mean. But wait, there’s more. National is back! Mind you, that’s not the Bad National of recent experience, but the Good National of days gone by... More>>


Luxon: A New National For New Zealand
National Party Leader Christopher Luxon has today announced a new National for New Zealand – a fresh, energised alternative government ready to deliver for Kiwis in 2023... More>>

Cancer Society: Hopes Final Pharmac Report Is Stronger

Today the delayed Interim Report was released by the Pharmac Review Panel. The performance of Pharmac and access to cancer drugs is a major concern for the Cancer Society... More>>

Defence: New Zealand Response To Assist Peace And Stability In Solomon Islands
The New Zealand government has announced that it will deploy Defence Force and Police personnel to Honiara to help restore peace and stability. “New Zealand is committed to its responsibilities and playing its part in upholding regional security,” Prime Minister Jacinda Ardern said.... More>>

CPAG: Child Poverty Monitor 2021 Highlights Persistent Inequities In Rates Of Child Poverty
Child Poverty Action Group (CPAG) welcomes the release of the Child Poverty Monitor today, which shows that prior to the Covid-19 pandemic, poverty reduction targets were largely on track for Pākehā children, however significant inequities remained for tamariki Māori, Pacific and disabled children... More>>

National Party: Bridges Appointed Finance & Infrastructure Spokesperson

Hon Simon Bridges is the National Party’s new Finance and Infrastructure spokesperson, National Leader Christopher Luxon announced today. “Simon has prodigious skills, incredible talent and the intellectual heft needed to excel as National’s Finance spokesperson,” Mr Luxon says.... More>>

Waitangi National Trust: Waitangi Week
The Waitangi National Trust has decided there will be no in-person events at Waitangi Treaty Grounds during Waitangi Week 2022. Under the COVID-19 Protection Framework it would be practically impossible to safely proceed with the usual events of Waitangi commemorations... More>>




InfoPages News Channels