THE TENTH WTO MINISTERIAL CONFERENCE IN NAIROBI
During the week of 15-19 December 2015, the Tenth WTO
Ministerial Conference was held in Nairobi (Kenya), in the scopes
of which the trade ministers reached an agreement on a series of
international trade initiatives (the "
Nairobi package").
The Nairobi
package includes six Ministerial Decisions, the most remarkable
of which is the Decision disciplining agricultural export
competition, i.e. the commitment of the WTO member states
to abolish export subsidies and other types of export support
instruments for farm exports. According to this Decision, export
subsidies of developed countries shall be immediately eliminated.
However, the subsidies on processed products, dairy products and
pork can remain until 2020. The developing countries have committed
to remove their export subsidies by the end of 2018 except for
those countries, that made the proper export subsidy notifications
in the WTO. These countries will enjoy