Catherwood LibraryILR School

A World Trade Organization (WTO) agreement that would allow developing nations to subsidize agriculture within their countries so long as it does not distort global trade could mean 21 million more jobs, $960 billion dollars in the international economy, and developing nations who are better able to provide for their growing populations. Unfortunately, a group of Central and South American countries, led by Cuba, are holding the process up because a proposed amendment was not included. The amendment would ban countries from imposing embargos on other WTO members. This agreement would be the first major global trade deal implemented since 2001.