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Potential erosion of trade preferences in agricultural products

Identifieur interne : 000322 ( Istex/Corpus ); précédent : 000321; suivant : 000323

Potential erosion of trade preferences in agricultural products

Auteurs : Fumiko Yamazaki

Source :

RBID : ISTEX:C11E4B0AB4CF77A05E13C6648F1144AD8B993DF8

Abstract

This paper assesses the potential impact of the Uruguay Round on agricultural trade preferences. The potential value of such preferences given by the European Union, Japan and the United States is estimated at US$1.9 billion in 1992, one-third going to Africa, 40 per cent to Latin America and the Caribbean, and the rest mainly to developing countries of the Far East and Oceania. After the Uruguay Round reduction in Most-Favoured-Nation (MFN) rates, the potential value of preferences is estimated to fall by around US$0.7 billion, of which Africa, Latin America and the Caribbean, and the Far East account for 26 per cent, 39 per cent, and 28 per cent, respectively. On a commodity basis, the biggest losses are estimated for fruit and nuts, coffee and tea.

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DOI: 10.1016/0306-9192(96)00016-4

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ISTEX:C11E4B0AB4CF77A05E13C6648F1144AD8B993DF8

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