INDEPENDENT NEWS

Export Subsidies Must Go: Sutton

Published: Wed 28 Jun 2000 10:36 AM
Press Release
28 June 2000
EXPORT SUBSIDIES MUST GO: SUTTON
The Cairns Group negotiating proposal to eliminate export subsidies is a positive step forward in agricultural negotiations, Trade Minister Jim Sutton said today.
Mr Sutton is to go to Geneva to observe the World Trade Organisation special agriculture negotiations, where the Cairns Group proposal will be discussed.
The comprehensive proposal calls for:
* the elimination of export subsidies within a fixed time period;
* substantial (at least 50%) reductions in export subsidies in the first year after the negotiations;
* tighter rules to prevent countries getting around the elimination;
* tighter rules on using other export competition measures, including export credits, to subsidise exports; and
* flexibility for developing countries in the time frame for their eliminating export subsidies.
"Export subsidies are the most distorting of trade measures. New Zealand's diary and beef industries lose millions of dollars each year because of other countries' export subsidy practices.
"There is no justification for these policies to continue. This point is accepted by the vast majority of WTO members – many of whose domestic markets are disrupted by others' use of export subsidies. I therefore expect the Cairns Group's proposal to generate much support in the negotiations."
Agricultural subsidisation has been a major focus of the Minister’s travel to Washington, Paris and Geneva.
While in Paris, he met French agriculture minister Jean Glavany, French trade minister Francois Huwart, and European Union Trade Commission Pascal Lamy and discussed New Zealand's unhappiness about export subsidies with them all.
“I was delighted to see the abolition of export subsidies figure so prominently in the US proposal also submitted to the WTO negotiations. Today in Paris in my lead intervention at the OECD Ministerial, I told participants that a new round of WTO negotiations that did not include an ambitious agenda for food and agriculture would be intolerable.”
The Cairns Group and other proposals will be discussed initially in the agriculture negotiating session taking place in Geneva 29-30 June.
“ I look forward to observing the WTO session later this week in Geneva,” Mr Sutton said.
He returns to New Zealand on Sunday, July 2.
ENDS

Next in New Zealand politics

On The Political Donations Scandals
By: Gordon Campbell
New Zealand: Housing Crisis Requires Bold Human Rights Response, Says UN Expert
By: UN Special Rapporteur
National’s Economic Plan For 2020 And Beyond
By: New Zealand National Party
Abortion Legislation Bill Report Presented To The House
By: Abortion Legislation Committee
Auditor-General's Report Published - Reflecting On Our Work About Water Management
By: Office of the Auditor-General
Statement Of Jami-lee Ross - "Spoke Up Now Set Up"
By: Jami-Lee Ross
Foreign donation loophole still wide open
By: Jami-Lee Ross
Jacinda Ardern Tries To Soothe Virus Rift With China
By: RNZ
Coronavirus: Expert Warns More Flights Could Be Cancelled
By: RNZ
National Party Donations Case: 'I Am Now Being Painted As The Scapegoat' - Jami-Lee Ross
By: RNZ
'We Need To Apply Natural Justice' - PM On NZ First Foundation Investigation
By: RNZ
Not One, But Two $100k Donations To National In Court
By: RNZ
National Donations SFO Charge Details A Surprise - Bridges
By: RNZ
PM Jacinda Ardern Washes Hands Of NZ First Foundation Photos Saga
By: RNZ
Simon Bridges Says NZ First Foundation Investigation Should Be SFO Priority
By: RNZ
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media