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International Agreements Affecting Agriculture
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Common Agricultural Policy (CAP) of the European Union
Influences global agricultural commodity prices through its system of subsidies and market interventions within the EU.
Sustainable Rice Platform (SRP)
Promotes sustainable rice farming practices that can lead to increased yields and reduce environmental impact, thereby affecting the economics of rice production.
International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGRFA)
Provides a framework for the conservation and sustainable use of plant genetic resources, crucial for breeding new crop varieties.
Ramsar Convention on Wetlands
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.
International Coffee Agreement
Designed to maintain a balance between supply and demand in the global coffee market, impacting price stability and economic conditions of coffee producers.
Kyoto Protocol
Impacts agricultural economics by incentivizing sustainable agricultural practices and mitigating climate change through carbon credit mechanisms.
World Trade Organization (WTO) Agreement on Agriculture
Transformed global agricultural trade by reducing tariffs and setting rules for international food safety and plant health standards.
Codex Alimentarius Commission
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.
Food Aid Convention
Aims at improving food security in developing countries by committing signatory nations to provide a minimum annual amount of food aid.
United Nations Convention to Combat Desertification (UNCCD)
Aims to mitigate the effects of drought and desertification, which can have significant impacts on agricultural productivity and economic stability in affected regions.
Paris Agreement
Encourages sustainable agricultural development to help countries adapt to climate change, impacting agricultural productivity and economics.
North American Free Trade Agreement (NAFTA)
Impacted agricultural economics by allowing for tariff-free trade in agricultural products among the US, Canada, and Mexico, altering trade patterns and farm incomes.
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Affects agricultural economics by reducing tariffs and creating new export opportunities for member countries' agricultural sectors.
Convention on Biological Diversity (CBD)
Influences sustainable agricultural practices by protecting biodiversity, which is essential for food security and agricultural livelihoods.
Global Forum on Agricultural Research (GFAR)
Fosters international cooperation in agricultural research, which can lead to innovation, sustainable practices, and improvements in agricultural economics globally.
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