Disagreements still remain on agricultural export credit competition

(Bridges Weekly Trade News, Geneva, 17 May 2006) As the first fortnight of an intensive six-week cycle of agriculture negotiations drew to a close, WTO Members remained divided on how to develop disciplines on a range of policies including export credits. One reference paper on export credits contains proposed rules for export financing support to ensure that governments cannot make loans on overly favourable terms to support the purchase of their farm exports.