Agreement on Agriculture. The term ‘‘Agreement on Agriculture’’ means the agreement referred to in section 3511(d)(2) of this title.
Agreement on Agriculture. 3. The provisions of paragraph 2 shall apply for a period of five (5) years, beginning from the date of entry into force of this Agreement. Not later than one hundred and twenty (120) days before the end of this period, the Joint Council shall review the operation of paragraph 2 in the light of the development needs of the SADC EPA States, with a view to determining their possible extension for a further period.
Agreement on Agriculture. The Signatory Parties reaffirm their obligations pursuant with the WTO Agreement on Agriculture.
Agreement on Agriculture. 3. The provisions of paragraph 2 shall apply for a period of five years, beginning with the date of entry into force of the Agreement. Not later than 120 days before the end of this period, the EPA Committee shall review the operation of those provisions in the light of the development needs of the Ghanaian Party, with a view to determining whether to extend their application for a further period.
Agreement on Agriculture. 4. The provisions of paragraph 3 of this Article shall apply for a period of five (5) years, beginning with the date of entry into force of this Agreement. At the latest one hundred and twenty (120) days before the end of this period, the Joint Council of the EPA shall re-examine the implementation of these provisions in light of the development needs of the States of the West African region in order to determine whether their period of application should be extended.
Agreement on Agriculture. 4. The provisions of paragraph 3 of this Article shall apply until 14 December 2021. At the latest one hundred and twenty (120) days before that date, the TPA Committee shall re- examine the implementation of these provisions in light of the development needs of Ghana in order to determine whether their period of application should be extended.
Agreement on Agriculture. It was for the first time that agriculture was brought under the GATT purview and major areas were covered by the treaty. According to the treaty, countries with closed farms are to import at least three per cent of domestic consumption of a product, raising the percentage to 5 over six years. Trade distorting support for farmers is to be cut by 20 per cent in a period of six years for developed countries, and by 13.3 per cent for the developing countries. All non-tariff barriers like quotas are to be converted into tariffs that would be reduced by 36 per cent for industrialized countries, and by 24 per cent for developing countries. The cuts will be implemented over six years for developed countries and 10 years for developing nations. The value of the direct export subsidies will be cut by 36 per cent over six years, and volume by 21 per cent. The base period is 1986-90 or 1991-92 if exports were higher in that period. The poorest nations, however, will be exempted from farm reforms. Goldin and Xxxxxxx (1992) have described as how the structural adjustment programmes affect the country dominated by agriculture.
Agreement on Agriculture. The provision of this Agreement shall be consistent with the WTO Agreement on Agriculture. Article 6 -
Agreement on Agriculture. Members, Having decided to establish a basis for initiating a process of reform of trade in agriculture in line with the objectives of the negotiations as set out in the Punta del Este Declaration; Recalling that their long-term objective as agreed at the Mid-Term Review of the Uruguay Round "is to establish a fair and market-oriented agricultural trading system and that a reform process should be initiated through the negotiation of commitments on support and protection and through the establishment of strengthened and more operationally effective GATT rules and disciplines"; Recalling further that "the above-mentioned long-term objective is to provide for substantial progressive reductions in agricultural support and protection sustained over an agreed period of time, resulting in correcting and preventing restrictions and distortions in world agricultural markets"; Committed to achieving specific binding commitments in each of the following areas: market access; domestic support; export competition; and to reaching an agreement on sanitary and phytosanitary issues; Having agreed that in implementing their commitments on market access, developed country Members would take fully into account the particular needs and conditions of developing country Members by providing for a greater improvement of opportunities and terms of access for agricultural products of particular interest to these Members, including the fullest liberalization of trade in tropical agricultural products as agreed at the Mid-Term Review, and for products of particular importance to the diversification of production from the growing of illicit narcotic crops; Noting that commitments under the reform programme should be made in an equitable way among all Members, having regard to non-trade concerns, including food security and the need to protect the environment; having regard to the agreement that special and differential treatment for developing countries is an integral element of the negotiations, and taking into account the possible negative effects of the implementation of the reform programme on least-developed and net food-importing developing countries; Hereby agree as follows: Part I Article 1
Agreement on Agriculture. The Agreement has established various rules and obligations mainly on three areas – market access, domestic support and export subsidies. Market access Prior to Uruguay Round, agricultural imports were restricted by quotas and other non-tariff measures. AoA prohibited the use of non-tariff barriers including quotas and import restrictions on agricultural products and introduced tariffication which required all non-tariff barriers on the agricultural products to be replaced by a bound tariff. This will ensure that an equivalent and nominal protection is given in the base period.2 The Article
