The terms Agreement on Agriculture, Agreement on the Application of Sanitary and Phytosanitary Measu

Question

The terms Agreement on Agriculture, Agreement on the Application of Sanitary and Phytosanitary Measures and Peace Clause appear in the news frequently in the context of the affairs of the

Accepted Answer

These terms are often associated with international trade and agricultural policies. Here’s a brief overview:Agreement on Agriculture: A treaty that aims to reform trade in agricultural products and improve market access.Agreement on the Application of Sanitary and Phytosanitary Measures: This agreement sets out the rules for food safety and animal and plant health standards.Peace Clause: A provision that allows countries to maintain certain trade measures without facing disputes.Understanding these terms is crucial for grasping the complexities of global trade negotiations.