Domestic Support for Agricultural Goods Sample Clauses

Domestic Support for Agricultural Goods. The Parties recognize that domestic support measures can be of crucial importance to their agricultural sectors but may also have distorting effects on the production and trade of agricultural goods.

Domestic Support for Agricultural Goods. 1. The Parties recognize that domestic support measures can be of crucial importance to their agricultural sectors, but may also have distorting effects on the production or trade of agricultural goods. 2. The Parties shall cooperate in the WTO agricultural negotiations in order to achieve a substantial reduction of production and trade-distorting domestic support measures. 3. Pending the elimination of trade-distorting domestic support measures, if a Party maintains, introduces or re-introduces such a measure that the other Party considers to be distortive of bilateral trade covered under this Agreement or its internal market, the Party applying the measure shall, at the request of the other Party, consult with a view to making a best efforts endeavour to eliminate such distortion or avoid nullification or impairment of concessions granted under this Agreement. Such consultations shall be deemed to satisfy the requirements of Article 21.8 (Institutional Arrangements and Dispute Settlement Procedures – Consultations).

Domestic Support for Agricultural Goods. 1. The Parties recognize that domestic support measures can be of crucial importance to their agricultural sectors but may also have distorting effects on the production and trade of agricultural goods. 2. The Parties agree to cooperate in the WTO negotiations on agriculture to achieve: (a) the maximum possible reduction or elimination of production and trade distorting domestic support, including support under “production limiting” or “blue box” programs; (b) an overall limit on the amount of domestic support of all types (“green”, “blue” and “amber”); (c) a review of the criteria for the “green box” category to ensure that “green” support does not distort production and trade; and (d) agreement that “green box” support should not be countervailable. 3. Pending the elimination of trade-distorting domestic support measures, if either Party maintains such a measure which the other Party considers to be distortive of bilateral trade under this Agreement, the Party applying the measure shall, at the request of the other Party, consult with a view to making a best efforts endeavour to avoid nullification or impairment of concessions granted under this Agreement.

Domestic Support for Agricultural Goods. The Parties recognize that domestic support measures can be of crucial importance to their agricultural sectors but may also have distorting effects on the production and trade of agricultural goods. The Parties agree to cooperate in the WTO negotiations on agriculture to achieve: (a) the maximum possible reduction or elimination of production and trade distorting domestic support, including support under “production limiting” or “blue box” programs; (b) an overall limit on the amount of domestic support of all types (“green”, “blue” and “amber”); (c) a review of the criteria for the “green box” category to ensure that “green” support does not distort production and trade; and (d) agreement that “green box” support should not be countervailable.