Home / Knowledge / News / Textiles / India backs C4 demand for eliminating cotton subsidies
India backs C4 demand for eliminating cotton subsidies
12
Jul '16
India has supported the demand by cotton four (C4) countries—Burkina Faso, Benin, Chad and Mali—for a timeline reduction of subsidies to cotton growers by countries like the US, at the Cotton Development Assistance Consultations held earlier this month at the World Trade Organization (WTO) in Geneva.
 
The Indian government is of the view that countries providing cotton subsidies should release information related to support per farmer, the average earnings of farmers, and the average size of agricultural field, for better analysis of subsidies provided by various governments, according to media reports.
 
At over $24 billion, the US is the biggest subsidy provider to cotton growers. The country is also the largest exporter of cotton, which affects the economies of C4 countries which largely rely on cotton exports. 
 
Speaking for the C4 countries at the forum, ambassador Thiam Diallo of Mali said the domestic support programmes of major producers were continuing to put downward pressure on global prices to cotton, to the detriment of C4 farmers.  This in turn is having “dramatic consequences” on rural African communities and forcing thousands of young people to turn to migration in order to earn a living.  The statement was supported by the Group of Least-developed countries (LDCs).
 
The WTO's latest consultations on cotton included the fifth dedicated discussion on trade-related developments for cotton as well as Director General's Consultative Framework Mechanism on Cotton. The discussions were the first since WTO members adopted a decision on cotton at their 10th Ministerial Conference in Nairobi last December.
 
The decision requires developed countries to eliminate export subsidies for cotton immediately and for developing countries to do so by January 1, 2017. Developed country members, and developing country members declaring themselves in a position to do so, shall also grant, to the extent provided for in their respective preferential trade arrangements in favour of LDCs, duty free and quota free market access for cotton produced and exported by LDCs as from January 1, 2016.
 
The domestic support part of the Nairobi decision acknowledges members' reforms in their domestic cotton policies — which may help to reduce trade distorting domestic subsidies for cotton production – and stresses that more efforts remain to be made. (RKS)
 

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search