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AGRICULTURE AND ALLIED INDUSTRIES Kavita Kapoor  Jul 5 2021 12:18PM

How Will Agricultural Tariffs Be Reduced In The Doha Round?

Sonu Kumar Singh  Jul 5 2021 5:46PM

How Will Agricultural Tariffs Be Reduced In The Doha Round?

There are two main elements in the market access modalities that are on the table:
o Band-wise tariff reductions; and
o Flexibilities or deviations from the prescribed tariff reductions to be used by members (developed and developing) to address their special needs.
Tariffs are proposed to be cut according to a formula, which prescribes steeper cuts on higher tariffs. These reductions are to be made from bound rates.

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