June 21, 2018

Doha Review, FAPRI report, Farm Bill, and Commodity Issues

Doha Review

On June 9, Reuters writers Paul Eckert and Doug Palmer reported that, “A global trade deal to cut farm subsidies and tariffs is within reach, a top New Zealand official said on Monday while a U.S. official warned India’s unwillingness to open its market could derail the talks.

“‘We have made progress in agriculture. We did have 175 outstanding issues … That’s been reduced down to 30,’ New Zealand’s trade minister, Phil Goff, said in a speech at the Peterson Institute for International Economics.

“Negotiators in Geneva have been working toward a possible ministerial meeting in late June or early July to try to bring the long-running Doha round of world trade talks to a successful close by the end of the year.”