WTO panel report, Chinese agricultural subsidies - KPMG Global
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WTO panel report regarding Chinese agricultural subsidies

WTO panel report, Chinese agricultural subsidies

A World Trade Organization (WTO) dispute settlement panel today issued a report concerning China’s agricultural subsidies for its domestic grain producers.

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Read the WTO’s report

In response, the U.S. Trade Representative today issued a release stating that China’s agricultural subsidies were “well in excess of” China’s commitments under WTO rules. The USTR further stated that China’s market price support policy artificially raised Chinese prices for grains above market levels, “creating incentives for increased Chinese production of agricultural products and reduced imports.” The USTR stated that this WTO dispute was the first challenge of China’s agricultural policies.

The WTO panel recommended that China bring its inconsistent measures into conformity with its obligations under the WTO agreement on agriculture.

 

For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner and Global Practice Leader
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E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
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E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
T: 212-954-3094
E: labad@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Amie Ahanchian
Managing Director
T: 202-533-3247
E: aahanchian@kpmg.com

Robert Waldrop
Principal
T: 212-954-8117
E: rwaldrop@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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