Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of..."/>
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    <h1 class="cat-box-title">Why India should expose US hypocrisy on cotton subsidies at the WTO -Sachin Kumar Sharma &amp; Parkhi Vats</h1>
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                            <div align="justify">-Financial Express<br /><br />Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of the US narrative on cotton could sway WTO members, particularly the cotton-producing African countries.<br /><br />So, what is the fracas on India&rsquo;s cotton subsidies all about? Shorn of legalese, the US has made a counter-notification at the WTO, alleging that India&rsquo;s subsidies to cotton have breached the limit of 10% of the value of cotton production, as stipulated in the WTO&rsquo;s Agreement on Agriculture.</div><div align="justify"><br />The US contends that, during 2010-16, India&rsquo;s market price support to cotton was 53% to 81% of the value of the annual production. On the other hand, in its notifications, India has claimed that the market price support has rarely exceeded 1.4% of the value of production during 2010-16.<br /></div><div align="justify">&nbsp;</div><div align="justify">What explains the reality behind these sharply divergent statistics? The explanation lies in three variables used in calculating the domestic support for each product under the WTO&rsquo;s Agreement on Agriculture.<br /><br />First, which currency to use in calculating the domestic support?<br />Second, what is the production eligible to benefit from the minimum price support?<br />Third, how many units of raw cotton are required for producing one unit of lint cotton?<br /><br />While India has calculated the domestic support to cotton in terms of US dollars, the US insists that the calculations should be done in Indian rupee. Contrary to what the US insists, the methodology for calculating domestic support under the Agreement on Agriculture is not prescriptive. It provides a country the flexibility to choose the currency for calculating its domestic support.<br /><br />Please <a href="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/" title="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/">click here</a> to access.</div>                                                           
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    <br><a href="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/" class="re" target="_blank">Financial Express, 2 January, 2019, https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/</a><div class="clear"></div>
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    <h1 class="cat-box-title">Why India should expose US hypocrisy on cotton subsidies at the WTO -Sachin Kumar Sharma &amp; Parkhi Vats</h1>
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                            <div align="justify">-Financial Express<br /><br />Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of the US narrative on cotton could sway WTO members, particularly the cotton-producing African countries.<br /><br />So, what is the fracas on India&rsquo;s cotton subsidies all about? Shorn of legalese, the US has made a counter-notification at the WTO, alleging that India&rsquo;s subsidies to cotton have breached the limit of 10% of the value of cotton production, as stipulated in the WTO&rsquo;s Agreement on Agriculture.</div><div align="justify"><br />The US contends that, during 2010-16, India&rsquo;s market price support to cotton was 53% to 81% of the value of the annual production. On the other hand, in its notifications, India has claimed that the market price support has rarely exceeded 1.4% of the value of production during 2010-16.<br /></div><div align="justify">&nbsp;</div><div align="justify">What explains the reality behind these sharply divergent statistics? The explanation lies in three variables used in calculating the domestic support for each product under the WTO&rsquo;s Agreement on Agriculture.<br /><br />First, which currency to use in calculating the domestic support?<br />Second, what is the production eligible to benefit from the minimum price support?<br />Third, how many units of raw cotton are required for producing one unit of lint cotton?<br /><br />While India has calculated the domestic support to cotton in terms of US dollars, the US insists that the calculations should be done in Indian rupee. Contrary to what the US insists, the methodology for calculating domestic support under the Agreement on Agriculture is not prescriptive. It provides a country the flexibility to choose the currency for calculating its domestic support.<br /><br />Please <a href="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/" title="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/">click here</a> to access.</div>                                                           
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    <br><a href="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/" class="re" target="_blank">Financial Express, 2 January, 2019, https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Why India should expose US hypocrisy on cotton subsidies at the WTO -Sachin Kumar Sharma &amp; Parkhi Vats    </title>
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Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of..."/>
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-Financial Express

Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of..." />
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    <h1 class="cat-box-title">Why India should expose US hypocrisy on cotton subsidies at the WTO -Sachin Kumar Sharma &amp; Parkhi Vats</h1>
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                            <div align="justify">-Financial Express<br /><br />Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of the US narrative on cotton could sway WTO members, particularly the cotton-producing African countries.<br /><br />So, what is the fracas on India&rsquo;s cotton subsidies all about? Shorn of legalese, the US has made a counter-notification at the WTO, alleging that India&rsquo;s subsidies to cotton have breached the limit of 10% of the value of cotton production, as stipulated in the WTO&rsquo;s Agreement on Agriculture.</div><div align="justify"><br />The US contends that, during 2010-16, India&rsquo;s market price support to cotton was 53% to 81% of the value of the annual production. On the other hand, in its notifications, India has claimed that the market price support has rarely exceeded 1.4% of the value of production during 2010-16.<br /></div><div align="justify">&nbsp;</div><div align="justify">What explains the reality behind these sharply divergent statistics? The explanation lies in three variables used in calculating the domestic support for each product under the WTO&rsquo;s Agreement on Agriculture.<br /><br />First, which currency to use in calculating the domestic support?<br />Second, what is the production eligible to benefit from the minimum price support?<br />Third, how many units of raw cotton are required for producing one unit of lint cotton?<br /><br />While India has calculated the domestic support to cotton in terms of US dollars, the US insists that the calculations should be done in Indian rupee. Contrary to what the US insists, the methodology for calculating domestic support under the Agreement on Agriculture is not prescriptive. It provides a country the flexibility to choose the currency for calculating its domestic support.<br /><br />Please <a href="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/" title="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/">click here</a> to access.</div>                                                           
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    <br><a href="https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/" class="re" target="_blank">Financial Express, 2 January, 2019, https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/</a><div class="clear"></div>
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Why India should expose US hypocrisy on cotton subsidies at the WTO -Sachin Kumar Sharma & Parkhi Vats

Published on Jan 2, 2019   Modified on Jan 2, 2019

-Financial Express Trade and World Trade Organisation (WTO) discussions thrive on perception. Recent actions by the US seek to portray India as flouting WTO rules and distorting the global market by providing huge subsidies to cotton. Left unchallenged, the hypocrisy of the US narrative on cotton could sway WTO members, particularly the cotton-producing African countries. So, what is the fracas on India’s cotton subsidies all about? Shorn of legalese, the US has made a counter-notification at the WTO, alleging that India’s subsidies to cotton have breached the limit of 10% of the value of cotton production, as stipulated in the WTO’s Agreement on Agriculture. The US contends that, during 2010-16, India’s market price support to cotton was 53% to 81% of the value of the annual production. On the other hand, in its notifications, India has claimed that the market price support has rarely exceeded 1.4% of the value of production during 2010-16.   What explains the reality behind these sharply divergent statistics? The explanation lies in three variables used in calculating the domestic support for each product under the WTO’s Agreement on Agriculture. First, which currency to use in calculating the domestic support? Second, what is the production eligible to benefit from the minimum price support? Third, how many units of raw cotton are required for producing one unit of lint cotton? While India has calculated the domestic support to cotton in terms of US dollars, the US insists that the calculations should be done in Indian rupee. Contrary to what the US insists, the methodology for calculating domestic support under the Agreement on Agriculture is not prescriptive. It provides a country the flexibility to choose the currency for calculating its domestic support. Please click here to access.

Financial Express, 2 January, 2019, https://www.financialexpress.com/opinion/why-india-should-expose-us-hypocrisy-on-cotton-subsidies-at-the-wto/1430900/

Tagged with: world trade organisation World Trade Organization World Trade Organization (WTO) Agreement on Agriculture (AoA) minimum support price Minimum Support Prices Cotton Production

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