African countries are expected to lobby for more access to the duty free global market for agricultural products at the upcoming World Trade Organisation Ministerial Conference in Nairobi. Top on the agenda during the December 15-18 meeting is the issue of reduction of agricultural subsidies and implementation of domestic support measures to reduce competition from exports from developing countries. According to Peter Kiguta, EAC Director General of Customs & Trade, African countries are already negotiating on how to present these key issues to the other partners for negotiations. “This is the right time is Africa lobbying for support from developing countries to comprehensively address their issues,” said Mr Kiguta. African countries are seeking to address the issue of agricultural subsidies, “anti-dumping” barriers by rich countries like the US, Japan and Korea that restrict exports of agricultural products, steel and other goods from developing countries; the impact of lower industrial tariffs on domestic industries in many African countries; and the failure of the rich countries to provide adequate technical assistance to enable developing countries to comply with trade regulations and compete effectively. READ: Africa to negotiate for better terms at WTO meet READ: Africa to negotiate for better terms at WTO meet “Under the WTO, African countries have been forced to open their markets to cheap imports that undermine domestic agriculture and industry while rich countries have failed to lower their own trade barriers, which cost developing countries some $100 billion in lost opportunities,” said Mr Kiguta. He added that instead of...
Africa to lobby for more access to duty free market at WTO meeting
Posted on: September 21, 2015
Posted on: September 21, 2015