World's leading agriculture ministers seek to end protectionism in global food trade



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  • Agriculture Ministers of the G20 countries criticized protectionism in a joint statement Saturday and promised to reform the World Trade Organization (WTO) rules, but did not specify what measures they would take to improve the food trade system.

    https://www.independent.ie/business/farming/news/world-news/worlds-leading-agriculture-ministers-seek-an-end-to-protectionism-in-global-food-trade-37170605 .html

    https://www.independent.ie/business/farming/article36016185.ece/b43d0/AUTOCROP/h342/2016-01-05_bus_15745962_I2.JPG

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Ministers of the United States. Agriculture of the G20 countries criticized protectionism in a joint statement Saturday, and promised to reform the rules of the World Trade Organization (WTO), but did not detail what steps they would take to improve the system of trade. food trade.

In the declaration, they declared themselves "concerned by the increasing use of protectionist non-tariff trade measures, in contradiction with the rules of the WTO."

Ministers of the United States and China , in Buenos Aires for the G20 Agriculture Ministers' Meeting affirmed in their statement that they had affirmed their commitment not to adopt "useless obstacles" to trade and baderted their rights and obligations under the WTO Agreements

. . China and other major US trading partners have imposed retaliatory tariffs on US farmers after the Trump administration imposed duties on Chinese products as well as on steel and steel. aluminum from the European Union, Canada and Mexico. Producers are expected to suffer losses estimated at $ 11 billion as a result of retaliatory tariffs imposed by China. Last week, the Trump administration said it would pay up to $ 12 billion to help farmers overcome the trade war

. Secretary of Agriculture Sonny Perdue told Reuters in an interview on the sidelines of the meeting that Trump's plan would include between $ 7 billion and $ 8 billion in direct cash badistance that US farmers could see by the end of September

. Quoting the Trump administration's relief measures, the German Agriculture Minister, Julia Kloeckner, said that farmers "do not need help, (they) need of business."

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