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African C4 nations urge WTO to address agricultural subsidies issue

01 Mar '24
7 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • African C4 nations raised concerns about cotton subsidies at WTO's MC13, echoing Hong Kong declaration's call for subsidy reductions.
  • Subsidies disproportionately benefit developed nations like the US, hindering C4 exports and livelihoods.
  • Subsidies inflate domestic production, disrupt international prices, and harm developing economies reliant on exports.

The World Trade Organisation, established in ****, serves as the global trade watchdog, responsible for maintaining the integrity of international trade and ensuring that trade-promoting policies do not disrupt the market. Since its inception, agriculture has remained a persistent challenge for the organisation, given the global divide between developing and developed countries.

The C* nations are significant producers of cotton, with countries like Benin making notable strides in cotton production and exports. Despite the region&#**;s emergence as a leading exporter of cotton, the impact of US subsidies continues to exacerbate the challenges faced by the C* collective.

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