14.12.2017
Under the global trade norms, a WTO member countrys food subsidy bill should not breach the limit of 10 per cent of the value of production based on the reference price of 1986-88. U.S. Trade Representative Robert Lighthizer, Japan's Minister of Economy, Trade and Industry Hiroshige Seko, and European Commissioner for Trade Cecilia Malmstrom pose for a photo before a meeting at the 11th World Trade Organization's ministerial conference in Buenos Aires, Argentina December 12, 2017.