Multilateral Agricultural Framework
Multilateral Agricultural Framework: an idea emerging in the later stages of the Tokyo Round for a mechanism which would oversee the negotiating results in agriculture, and which also would provide a forum for the exchange of information aimed at preventing problems in agricultural trade. In particular, it was thought that the framework would eliminate continuing political and commercial confrontations in this sector. The proposal also aimed to establish an International Agriculture Consultative Council under GATT auspices. When the Tokyo Round ended on 12 April 1979, participants were still far from an agreement on this proposal, and post-Round negotiations did not lead to a result. See also agriculture and the WTO.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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