Agreement On Agriculture Year

(ii) in respect of assistance provided in one year of the implementation period and beyond, calculated in accordance with the provisions of Annex 3 to this Agreement and taking into account the data on the elements and methodology used in the tables of supporting material added by reference to Part IV of the Member`s calendar; While the volume of world agricultural exports has increased significantly in recent decades, its growth rate is lower than that of industry, which has led to a steady decline in the share of agriculture in world trade. In 1998, taking into account trade in services, agricultural trade accounted for 10.5% of total merchandise trade and agriculture`s share of world exports fell to 8.5%. The 2003 CAP reform, which decoupled most of the existing direct aid, and the subsequent sectoral reforms resulted in the postponement of most of the aid under the yellow and blue boxes in the green box (€61.6 billion for the period 2016-2017, see table below). Aid granted under the “Amber Box” (AMS or Aggregate Measurement of Support) decreased sharply, from EUR 81 billion at the beginning of the contractual period to EUR 6.9 billion over the period 2016-2017, even with successive waves of enlargement. The European Union is thus largely respecting the commitments made in Marrakesh (€72.38 billion per year) for the AMS. In addition, the “Blue Box” reached €4.6 billion during the same registration period. .