'This ruling points to the disastrous results of U.S. farm policy, which is designed to drive down commodity prices and then make up the difference in subsidies,' -Ben Lilliston
'Media reports today imply that Australia has given ground on allowing US companies to legally challenge investment rules, higher prices for generic medicines and Australian content in emerging media like digital television,' said Dr Ranald.
The new chairperson of the Special Session (i.e. the negotiations meetings) of the Agriculture Committee, Ambassador Tim Groser of New Zealand, has announced the timetable for the next negotiations meetings.
Press Release from the Institute for Agriculture and Trade Policy
'This agreement is consistent with the Bush Administration's approach to agriculture trade - set rules that are highly favorable to transnational corporations at the expense of farmers,' said Dr. Steve Suppan
The solution, said Das, is to revise the AoA to correct the imbalances. The rich nations' export subsidies should end immediately, and all types of domestic subsidies should be subjected to reduction.
