The WTO Agriculture Agreement provides a framework to reform agricultural trade and policies to make competition fairer and the sector less distorted. It covers market access, domestic support, and export competition. Agricultural biotechnology uses tools from cell and molecular biology to improve crop and animal genetics and management, helping make better use of limited resources and increasing production while reducing pesticide and insecticide use. However, WTO trade deals and GATT still include some protectionism like in agriculture. GATT also has limitations like only provisional agreements and lack of legal status for some issues. While biotechnology, WTO and GATT provide benefits, they also present disadvantages to agricultural systems.
The WTO Agriculture Agreement provides a framework to reform agricultural trade and policies to make competition fairer and the sector less distorted. It covers market access, domestic support, and export competition. Agricultural biotechnology uses tools from cell and molecular biology to improve crop and animal genetics and management, helping make better use of limited resources and increasing production while reducing pesticide and insecticide use. However, WTO trade deals and GATT still include some protectionism like in agriculture. GATT also has limitations like only provisional agreements and lack of legal status for some issues. While biotechnology, WTO and GATT provide benefits, they also present disadvantages to agricultural systems.
The WTO Agriculture Agreement provides a framework to reform agricultural trade and policies to make competition fairer and the sector less distorted. It covers market access, domestic support, and export competition. Agricultural biotechnology uses tools from cell and molecular biology to improve crop and animal genetics and management, helping make better use of limited resources and increasing production while reducing pesticide and insecticide use. However, WTO trade deals and GATT still include some protectionism like in agriculture. GATT also has limitations like only provisional agreements and lack of legal status for some issues. While biotechnology, WTO and GATT provide benefits, they also present disadvantages to agricultural systems.
World Trade Organization, General Agreement on Tariffs and Trade and
Biotechnology has a role in improving agricultural systems. The WTO Agriculture
Agreement provides a framework for the long-term reform of agricultural trade and domestic policies, with the aim of leading to fairer competition and a less distorted sector .The agreement covers: market access, domestic support and export competition. The GATT does not say much about agriculture specifically, which meant that in the theory agricultural trade was to treated essentially like trade in other goods. The integration of biotechnology into the field of agriculture makes the better use of limited resources, increases production, and reduces the use of pesticides and insecticides on crops. Agricultural biotechnology is a field of agricultural science that uses cell and molecular biology tools to improve genetic makeup and agronomic management of crops and animals. However, they don’t just have advantages but they have also their disadvantages like: WTO trade deals still encompass a lot of protectionism in areas like agriculture. Also in GATT there is also a limitations: only a provisional agreement, poultry gains to less developed countries, lack of legal status and diverse membership. In conclusion WTO, GATT and BIOTECHNOLOGY not only give a good benefits in agricultural system but it also give a disadvantages on it.