A mini-Ministerial negotiation meeting at WTO was held on July 21-29, 2008 at
Geneva to achieve a breakthrough in Doha round collapsed. The ongoing debate
over agricultural trade liberalization focuses on how best to eliminate policy
distortions that arise from price supports, producer subsidies, import
protection and export subsidies. Although the most recent attempts to reach an
agreement under the Doha Development Agenda (DDA) have been unsuccessful to
date, the push for greater trade liberalization is unrelenting so it seems that
further reform of the world agriculture market is inevitable. The WTO Agreement
on Agriculture (AoA) has far-reaching implications for the global farm trade and
economic prospects of