New WTO Proposal On Export Competition Expected To Face U.S. Pushback
Several World Trade Organization members this week put forward a proposal for an outcome on agricultural export competition for the ministerial next month in Nairobi that includes new flexibilities aimed at appeasing the demands of the United States. But sources said the proposal includes several elements on export credit financing for agricultural products that the U.S. is unlikely to agree to, including a maximum loan repayment term of nine months. The U.S. has said that it does not want to...