EU Export Subsidies

I am still thinking through, and talking through with people here, the full implications of the resumption of export subsidies by the EU.  This seems to be aa reaction to the fall in international prices.  Unfortunately international prices for key agricultural commodities look as though they are going to be soft for some time.  Will the EU really be willing to agree to the text currently on the table in the WTO if prices stay soft?  The current text would see an end to export subsidies for agriculture.  They are already illegal for non-agricultural products.  No disciplines yet exist on subsidies in the services sector.

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: