Google+

Tuesday, June 19, 2012

G-20 Governments Demonstrate Leadership-A call in the Interagency Report



Formed in 1999, the G-20 represents 85% of the world’s economy and two-thirds of world’s population. The G-20 aims at providing developing countries with a better position to influence the dynamics of the global economy. Now, the Interagency Report on “Sustainable Agricultural Productivity Growth And Bridging The Gap For Small-Family Farms” recommends that G20 Governments should “demonstrate leadership in multilateral negotiations. The  Interagency Report which was published on 12 June 2012 by a group of multilateral organization (Bioversity, CGIAR Consortium, FAO, IFAD, IFPRI, IICA, OECD, UNCTAD, Coordination team of UN High Level Task Force on the Food Security Crisis, WFP, World Bank, and WTO), emphasizes the need for G-20 need to demonstrate leadership in order to strengthen international disciplines on all forms of import and export restrictions, as well as on domestic support schemes that distort production incentives”.  

The  Interagency Report, which was used as a key input in the discussions of the G20 Agricultural Group, was compiled in response to the request to international organization by the G20 President early 2012 in Mexico to examine practical actions that could be undertaken to sustainably improve agricultural productivity growth, in particular on small family farms. The  Interagency Report states that “substantially reducing trade and production distorting domestic support, improving market access opportunities, eliminating export subsidies and strengthening the disciplines on export restrictions will improve the enabling environment for investment and productivity growth”.

The Interagency Report also notes the critical role played by the WTO’s Sanitary and Phytosanitary Agreement in contributing to the reduction of production losses due to pests and diseases, and the need to support capacity building in this field, including through the Standards and Trade Development Facility.
hostgator coupon