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TRADE-REPORT: RICH COUNTRIES MUST CUT FARM SUBSIDIES, OECD SAYS.

Publication: Interpress Service
Publication Date: 24-OCT-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
By Ravi Kanth Devarakonda

GENEVA, Oct. 23, 2007 (IPS/GIN) -- Rich countries have failed to reform their domestic farm subsidies programs sufficiently to reduce distortions in global trade, according to a senior official from the Paris-based Organization for Economic Cooperation and Development.

The subsidies -- which added up to an estimated $268 billion last year -- penalize competitive farming countries in the global South.

Stefan Tangermann, a senior agricultural policy analyst at the Organization for Economic Cooperation and Development (OECD), a group of 30 wealthy nations, said "production-linked measures still dominate producer support in most [OECD] countries" and "there has been limited progress toward policies targeted at clearly defined objectives and beneficiaries.

"Despite a decrease in the overall government support to farmers in the rich countries, which dropped to 27 percent last year from 29 percent in 2005, the producer...

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