Enforcing WTO Limits In this extraordinary time of global market turbulence, governments are taking measures to protect industry sectors including agriculture. For example, India has invoked the “peace clause” on its MSP levels (minimum support prices), basically notifying the WTO that its subsidized prices for rice and wheat are beyond the limits imposed by the WTO. The EU proposes storage aid for meat and dairy, relaxing of competition laws, flexibility on use of funds and speedier disbursement of support. And the U.S. has showered billions of dollars on its farmers as a result of a trade war and now the coronavirus, sparking concerns that it is exceeding its WTO rights for such subsidies. The question is whether countr...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.