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BUENOS AIRES (Reuters) – G20 agriculture ministers have expressed concern over the increased use of non-tariff protectionist measures that are inconsistent with World Trade Organization (WTO) rules. )
from countries like the United States and China, who are in Buenos Aires for the G20 meeting between agriculture ministers, declared in a joint statement their commitment not to adopt "d & # Useless barriers "to trade and baderted their rights and obligations of the WTO.
The meeting comes against a backdrop of growing trade tensions that have shaken agricultural markets. China and other US trading partners have imposed retaliatory duties on US producers after the Trump government imposed taxes on Chinese products as well as on steel and aluminum. 39, European Union, Canada and Mexico.
The Trump government would pay up to $ 12 billion to help North American farmers in the trade war. Trump and the head of the European Commission reached an agreement Wednesday that put an end to the risk of a trade war between the two powers.
The ministers did not specify what measures were mentioned in the communiqué. "Recognizing the importance of the role of the WTO, we agree to continue to reform the process of agricultural trade rules," said G20 ministers, who together hold 60 percent of the land agricultural products and 80% of agricultural products and food, in a statement.
After meeting with European Commission President Jean-Claude Juncker, Trump said that the European Union would buy "too much" soy in the United States.
German Agriculture Minister Julia Kloeckner told Reuters that trade relations between the United States and the European Union are improving but that it is unlikely that the United States will be able to do so. There was no guarantee that the Europeans would import the amount of soy expected by Washington.
(Report by Scott Squires and Luc Cohen)
Copyright Thomson Reuters 2018
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