• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Advertising
  • Contact
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Business

WTO Irritated by Widespread Failures to Report Government Subsidies

WTO Irritated by Widespread Failures to Report Government Subsidies
N&V Staff
May 4, 2021

(Chuck Muth) – The World Trade Organization’s (WTO) “Committee on Subsidies and Countervailing Measures” (SCM) met for its semi-annual conference on April 27, 2021.

“(The SCM) disciplines the use of subsidies, and it regulates the actions countries can take to counter the effects of subsidies. Under the agreement, a country can use the WTO’s dispute-settlement procedure to seek the withdrawal of the subsidy or the removal of its adverse effects.”

At the meeting, committee chairman Erik Solberg of Norway expressed ongoing irritation with WTO member nations that have not submitted reports “outlining the subsidies they give to their enterprises.”

From the WTO summary of the meeting…

“The chair noted that despite reminders to members to submit their notifications in time, 80 members have still not submitted their 2019 notifications. In addition, 67 members still have not submitted their 2017 subsidy notifications, and 57 have still failed to submit their 2015 notifications.  The chair strongly urged all WTO members to submit their notifications as soon as possible.”

Understandably, it’s difficult – if not impossible – for the SCM to identify which nations may be “cheating” when it comes to government subsidies, including sugar industry subsidies, if those nations refuse to submit their reports on time – if at all.

Two things…

1.)  The widespread failure to submit required reports in timely fashion by so many nations clearly indicates a need for serious WTO reform.

What’s the sense in even having international trade agreements if the parties involved can freely ignore their obligations?

2.)  The current U.S. sugar policy of restricting imports from countries that subsidize their sugar industries needs to remain in place.

If the WTO can’t or won’t protect the interests of American sugar producers, then Congress must.

Mr. Muth is president of Citizen Outreach and publisher of Nevada News & Views.  His views are his own.

Prev postNext post

Related Itemsbusinessgovernment
Business
May 4, 2021
N&V Staff

Related Itemsbusinessgovernment

More in Business

Graves: Don’t Allow Subsidized, Foreign Sugarcane to Enter U.S. Markets

N&V StaffNovember 1, 2022
Read More

Conservatives Should Not Surrender on Sugar

N&V StaffOctober 7, 2022
Read More

Sugar Growers Outraged by New Study Showing Big Candy Posting Big Profits

N&V StaffSeptember 26, 2022
Read More

Behold the First Truly Post-Trump Farm Bill – Properly This Time, DC Conservatives

N&V StaffSeptember 19, 2022
Read More

Food security issues, farmers’ pessimism greet the 2023 farm bill

N&V StaffSeptember 16, 2022
Read More

Runaway inflation puts American food security at risk

N&V StaffSeptember 14, 2022
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Opinion Government Muth’s Truths Obama Ron Knecht News Donald Trump GOP Republicans

Copyright © 2022 Citizen Outreach | Maintained by VirtualAlly

How to Make the Global Sugar Market Free AND Fair
WTO Allowing Trade Cheats to Hide Their Cheating