Agricultural dumping has a devastating effect on poor countries. The Uruguay Round at the WTO was supposed to cut the subsidies that lead to dumping, but it failed to do so — as did reforms of Europe’s Common Agricultural Policy and US agricultural policy. Now history is set to repeat itself: the Doha Round of negotiations is again giving rich countries a free ride to continue dumping subsidised produce on poor countries. Oxfam believes that the WTO meeting in Hong Kong must put an end to this hugely damaging practice.
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