On February 28 of this year, the U.S. Judicial Panel recognized the US complaint regarding purchases by the Chinese government in the domestic market of wheat and rice at overpriced prices in 2012-2015, which is a violation of WTO rules.
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In a complaint filed in September 2016, the U.S. claimed that the Chinese government exceeded the level of government support for farmers by almost 100 billion US dollars. In turn, these government actions in China carried out artificial stimulation of grain production, which, in turn, led to a decrease in prices for these products in the world market.
According to US Trade Representative Robert Lightheiser, the excessive support of farmers from the Government of the Middle Kingdom limited the ability of American farmers to export their products to China.
In turn, the Ministry of Commerce of China on this issue made a statement on the conformity of state support in the country of agriculture to the agreement of China on membership in the World Trade Organization.
The World Trade Organization was established in 1995 and aims to liberalize international trade and regulate trade and political relations of the organization’s member countries.
