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:
- A.Food and Agriculture Organisation
- B.United Nations Framework Conference on Climate Change
- C.World Trade Organisation
- D.United Nations Environment Programme
▶ Answer & Explanation
Correct answer: C. World Trade Organisation
The Agreement on Agriculture (AoA), the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement), and the Peace Clause are all integral components of the World Trade Organisation (WTO) framework. These agreements deal with trade in agricultural products, setting rules for subsidies, domestic support, export competition, and measures to protect human, animal, or plant life or health. The Peace Clause specifically provides a temporary restraint on the use of certain trade-distorting domestic support measures and export subsidies by developing countries, allowing them policy space for agricultural development.
Source: UPSC gs1 2015