Agricultural Subsidy Cuts, New Biotechnologies, Developing Countries, and Cotton

Abstract

When the World Trade Organization (WTO) was created from the existing General Agreement on Tariffs and Trade (GATT) on I January 1995 and the Uruguay Round Agreements were implemented, developing countries initially looked forward to greater to rich-country markets through reduced agricultural subsidies and lowered trade barriers. The commitments made in the Uruguay Round delivered little reform during the six-year implementation period, but hopes were buoyed by the launch of the WTO's Doha Development Round (DDA) in . Show more