AFBF Disappointed on WTO Talks in Geneva
The American Farm Bureau Federation announced its disappointed in the failed World Trade Organization talks in Geneva. The WTO failed to reach an agreement that AFBF says would have sped the flow of goods through international borders. AFBF President Bob Stallman said "Every country would have benefitted had they moved forward with the Trade Facilitation Agreement agreed to last December in Bali."
Further, Stallman noted improving slow and out-of-date customs procedures supports all kinds of international trade, but agricultural goods need faster passage across borders, and that time spent waiting at borders too often results in a substantial decline in food quality and direct economic losses to U.S. producers. Stallman pointed to India for slowing the trade talks. India is seeking a final agreement on subsidizing and stockpiling food for citizens before they move forward with customs reform.
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