Farm support plans in US, India scrutinized by WTO members
Sources from Geneva stated that Massive farm-support plans in the united states and india are being scrutinized by other World Trade Organization members, questions submitted to the WTO's quarterly agriculture committee meeting showed on Monday. Meanwhile the WTO has strict rules about the data-size and nature of payments, and member governments keep a close watch for any competitors who might be cheating.
Furthermore their questions 62 pages for the June 25-26 meeting can range from requests for clarification to outright allegations of illegal handouts. Reportedly U.S. President Donald Trump and Indian Prime Minister Narendra modi have both made boosting farm incomes a priority. Mr. Trump is trying to offset domestic damage from a tariff war with china; PM modi data-faces a slowdown in india's agriculture-dominated economy.
Moreover the European Union asked india to explain how PM modi proposed to spend 25 trillion rupees ($357.5 billion) on agriculture and rural development, doubling farmers' incomes by 2022 as part of a 100 trillion-rupee, five year infrastructure splurge. Perhaps india criticized the U.S. 2018 Farm Bill, saying it benefited not only farmers, but also their first cousins, nieces and nephews, with children and spouses qualifying for $125,000 of payments.