Article: MEXICO LEADS PUSH AT WORLD TRADE ORGANIZATION FOR WEALTHY NATIONS TO REDUCE AGRICULTURAL SUBSIDIES.

The Mexican government took a leadership role at the recent meeting of the World Trade Organization (WTO) in pushing wealthy countries to eliminate or reduce agricultural subsidies. Mexico, with the assistance of Brazil and other countries, gained a commitment from wealthy nations to gradually develop a timetable to reduce subsidies on agricultural production and exports.

"Such subsidies cause significant distortions in the global markets and have a major impact on developing countries," Mexico's Economy Secretary Luis Ernesto Derbez Bautista told reporters a few days before the WTO meeting, held in late November in Doha, Qatar.

Mexico and other ...

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