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 Organization
- 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) is a foundational agreement under the World Trade Organization (WTO) that aims to establish a fairer trading system for agricultural products. The Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) sets out the rules for food safety and animal and plant health regulations. The 'Peace Clause' is a provision within the AoA that provides certain protections to developing countries against challenges to their trade-distorting domestic support measures, particularly subsidies.
Source: UPSC gs1 2015