Canadian Social Science
WTO Agreement on Agriculture: Snatching of Farmers’ Livelihood in Developing Countries
Abstract
World Trade Organization (WTO) is the international body which sets the global rules for trade, and aims at ensuring smooth and free flow of trade. In order to ensure free flow of trade in agricultural sector, Agreement on Agriculture was formulated. The Agreement involves bringing fair competition by establishing market oriented agricultural trading sector. The agreement aims at reducing the subsidies provided to farmers, in order to ensure the smooth functioning of free markets. However, since beginning it has remained one of the most controversial issues as it has been argued that the agreement is tilted against the developing countries and poses a serious threat to the food security in these countries.
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DOI: http://dx.doi.org/10.3968/13162
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