Abstract

The Agriculture negotiations of WTO was a concept that was construed and conceptualised as an way to fulfil certain long term policy changes when it comes to the field of trade in agriculture sector and to pull in specified domestic policies that is determined at leading a very fair competition and to make the sector less distorted. WTO members have agreed on maximum tariffs on nearly all agricultural products, while many industrial tariffs remain still not agreed upon. In spite of passage of decades with scholars and economists argued or discussed and postulated their view against agricultural subsidies and tariffs, political instabilities and its influence continue to have supreme control over agricultural policy setting and the trading policy of the same in both rich and poor countries. In poor countries and developing countries moreover, where agriculture is a very important share of the economy and where food is a major consumption item, the importance of agricultural policy as a public policy issue is obvious. In our paper we would like to analyse the evolution, significance, impact, and analysis of the modalities and rules of the agriculture negotiations and we would provide suggestions on whether the developing countries should rely on these modalities and rules or should focus more on the domestic policies to avert losses on trade and implementation of food and health standards. Also in our paper we would like to analyse the outcome of the proposal made by India to WTO in January 2001. We would analyse if the proposed concern of India succeeded in achieving the expected outcome.

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