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:
✓ Correct answer: c) World Trade Organization
ExplanationThe mentioned agreements and terms are related to global trade regulations under the World Trade Organiza- tion (WTO):Agreement on Agriculture (AoA) is a WTO agreement that sets international rules for agricultural trade, subsidies, and market access.It aims to reduce trade barriers and promote fair competition in agriculture.UPSC GS Paper-I PYQs 310Agreement on the Application of Sanitary and Phytosanitary (SPS) Measures: It establishes rules for food safety and animal and plant health standards in global trade.It ensures that countries do not use health measures as a disguised trade barrier.Peace Clause: It was introduced under the WTO’s Agreement on Agriculture.It temporarily protected agricultural subsidies from legal challenges under WTO rules.It was a major issue in India’s food security concerns at WTO negotiations.266
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