Enforcing WTO Limits In this extraordinary time of global market turbulence, governments are taking measures to protect industry sectors including agriculture. For example, India has invoked the “peace clause” on its MSP levels (minimum support prices), basically notifying the WTO that its subsidized prices for rice and wheat are beyond the limits imposed by the WTO. The EU proposes storage aid for meat and dairy, relaxing of competition laws, flexibility on use of funds and speedier disbursement of support. And the U.S. has showered billions of dollars on its farmers as a result of a trade war and now the coronavirus, sparking concerns that it is exceeding its WTO rights for such subsidies. The question is whether countr...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.