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Peace Clause

This article will address the topic of Peace Clause, which is of great relevance today. Peace Clause is a topic that has captured the attention of various people in recent years, generating debate and controversy in different areas. Throughout this article, the importance of Peace Clause will be analyzed in depth, as well as its implications in today's society. Various aspects related to Peace Clause will be examined, from its history and development, to its possible repercussions in the future. Through this analysis we seek to provide a global and complete vision of Peace Clause, allowing the reader to better understand the complexity and relevance of this topic today.

Trade negotiators generally refer to Article 13 of the World Trade Organization's Agreement on Agriculture as the Peace Clause. Article 13 holds that domestic support measures and export subsidies of a WTO member that are legal under the provisions of the Agreement on Agriculture cannot be challenged by other WTO members on grounds of being illegal under the provisions of another WTO agreement.

The Peace Clause expired on January 1, 2004. It is now possible, therefore, for developing countries and nations favoring free trade in agricultural goods, such as the Cairns Group, to use the WTO dispute settlement mechanism in order to challenge, in particular, U.S. and EU export subsidies on agricultural products.

Another temporary peace clause was made at the WTO Bali conference in December 2013. It stipulated that no country would be legally barred from food security programs for its own people even if the subsidy breached the limits specified in the WTO Agreement on Agriculture.

References

  1. ^ All you wanted to know about: Peace Clause ()

External links


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