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Last Update: 31-Oct-2007

 
Monetisation of food aid: unresolved issues in the chair's draft text

Organised by ICTSD


5th November 2007, WMO Geneva, Room C2

1.00 to 3.00 pm

Description | Agenda | Participants | Documentation

Description

As WTO Members seek to establish disciplines on food aid in the Doha Round, they have had to strike a difficult balance between addressing the effects of such aid on local producers and the needs of hungry consumers in developing countries. At the Hong Kong Ministerial Conference, Members reconfirmed their commitment to maintain an adequate level, and to take into account the interests of food aid recipient countries. While there is consensus on the need for a “safe box” for bona fide food aid, Members have also agreed to ensure elimination of commercial displacement, and to agree effective disciplines on in-kind food aid, monetization and re-exports “so that there can be no loop-hole for continuing export subsidization”. While the chair’s draft text seeks to steer a course between these various challenges, the question of the monetisation of food aid still remains unresolved.

Dr Edward Clay, a Senior Research Associate with the Overseas Development Institute in London, has studied the implications of the chair’s draft text, and the extent to which it would be an effective tool in promoting development objectives. At this meeting, he will present some of the findings of his research, and discuss with negotiators some of the implications of the drafted language, focussing particularly on the outstanding issue of monetisation.


 


 

 


 

 

 

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