the World Trade Organization (wto) set up a special subcommittee on cotton on November 19, 2004, to address the issues concerning cotton trade "ambitiously, expeditiously and specifically'. The step was a compromise for the four West African nations, which had asked for a prompt end to billions of dollars of subsidies given to cotton producers, mainly in the us and the eu, in 2003.
A landmark wto decision in May 2004 had ruled in favour of Brazil, which had claimed that us subsidies were damaging its cotton trade (see [2]
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/cottoning-disparity
[2] http://admin.indiaenvironmentportal.org.in/full6.asp%3Ffoldername%3D20040531%26amp%3Bfilename%3Dnews%26amp%3Bsec_id%3D4%26amp%3Bsid%3D26
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/down-earth
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cotton
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/wto
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us