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International Agreements Affecting Agriculture

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Common Agricultural Policy (CAP) of the European Union

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Influences global agricultural commodity prices through its system of subsidies and market interventions within the EU.

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Sustainable Rice Platform (SRP)

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Promotes sustainable rice farming practices that can lead to increased yields and reduce environmental impact, thereby affecting the economics of rice production.

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International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGRFA)

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Provides a framework for the conservation and sustainable use of plant genetic resources, crucial for breeding new crop varieties.

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Ramsar Convention on Wetlands

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Affects agricultural economics indirectly by promoting the conservation and wise use of wetlands, which are important for water regulation and biodiversity, influencing water availability for irrigation.

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International Coffee Agreement

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Designed to maintain a balance between supply and demand in the global coffee market, impacting price stability and economic conditions of coffee producers.

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Kyoto Protocol

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Impacts agricultural economics by incentivizing sustainable agricultural practices and mitigating climate change through carbon credit mechanisms.

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World Trade Organization (WTO) Agreement on Agriculture

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Transformed global agricultural trade by reducing tariffs and setting rules for international food safety and plant health standards.

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Codex Alimentarius Commission

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Sets international food standards, ensuring fair trade practices in food trade and promoting coordination of all food standards work undertaken by international governmental and non-governmental organizations.

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Food Aid Convention

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Aims at improving food security in developing countries by committing signatory nations to provide a minimum annual amount of food aid.

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United Nations Convention to Combat Desertification (UNCCD)

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Aims to mitigate the effects of drought and desertification, which can have significant impacts on agricultural productivity and economic stability in affected regions.

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Paris Agreement

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Encourages sustainable agricultural development to help countries adapt to climate change, impacting agricultural productivity and economics.

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North American Free Trade Agreement (NAFTA)

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Impacted agricultural economics by allowing for tariff-free trade in agricultural products among the US, Canada, and Mexico, altering trade patterns and farm incomes.

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Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

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Affects agricultural economics by reducing tariffs and creating new export opportunities for member countries' agricultural sectors.

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Convention on Biological Diversity (CBD)

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Influences sustainable agricultural practices by protecting biodiversity, which is essential for food security and agricultural livelihoods.

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Global Forum on Agricultural Research (GFAR)

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Fosters international cooperation in agricultural research, which can lead to innovation, sustainable practices, and improvements in agricultural economics globally.

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