What are the main elements of WTO reform agenda? Please describe clearly through

Question

What are the main elements of WTO reform agenda? Please describe clearly through these sector: A.Core elements of the WTO’s modus operandi B. Matching instruments to objectives: What problems do proposed reforms fix? C. Operation of the WTO D. Forum for Negotiatons (Agendasetting and trade negotiating rounds, Negotiating coin—binding of policies vs. liberalization, The Single Undertaking, Variable geometry with MFN: critical mass, Variable geometry without MFN: plurilateral agreements) E. Administering the Dispute Settlement Understanding   F.Transparency: The trade policy review mechanism, notifications and surveillance G. Enhancing coherence of global economic policymaking

Explanation / Answer

The WTO’s Agriculture Agreement was negotiated in the 1986–94 Uruguay Round and is a significant first step towards fairer competition and a less distorted sector. WTO member governments agreed to improve market access and reduce trade-distorting subsidies in agriculture. In general, these commitments were phased in over a six years from 1995 (10 years for developing countries). The Agriculture Committeeoversees the agreement’s implementation.

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