14 June 2004

WTO rules in favour of David; Goliath will be *%$$ed

At last: WTO is doing what it's supposed to do. In this case ruling illegal the USA's subsidizing of cotton production and it looks like the UK sugar beet production could be next. And then perhaps the EU's common agricultural policy ... ? It's about time the made of just how richer countries play the system [illegally, often] to skew markets. It should also be noted that these subsidies have negative climate impacts because they are often propping up regimes of agriculture and manufacture that entrench oil [in fertilizers and food miles, for example]

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