The terms ‘Agreement on Agriculture’, ‘Agreement on the Application of Sanitary and Phytosanitary Measures’ and ‘Peace Clause’ appear in the news frequently in the context of the affairs of the
Food and Agriculture Organization
United Nations Framework Conference on Climate Change
World Trade Organization
United Nations Environment Programme
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC IAS – 2015
– The ‘Agreement on Agriculture’ (AoA) is a WTO agreement that came into effect in 1995, dealing with domestic support, market access, and export subsidies in agriculture.
– The ‘Agreement on the Application of Sanitary and Phytosanitary Measures’ (SPS Agreement) is another WTO agreement concerning the application of food safety and animal and plant health regulations in international trade.
– The ‘Peace Clause’ was a temporary provision within the AoA that restrained countries from challenging, through WTO dispute settlement, certain subsidies that other member states provide to their farmers, provided the subsidies comply with certain conditions.