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Japanese Agriculture Enjoys "High Level" of Protection
16/03/2017 12:00
The Japanese agricultural sector enjoys a "high level" of protection and support from policy measures, the World Trade Organization said Wednesday.
Japan uses a comprehensive set of policy measures for the sector, resulting in "a relatively high level of protection and support to producers for most products," said a report on the WTO's biennial trade policy review covering Japan.
Due to high tariffs on agricultural products and price support measures, "support and protection given to agriculture in Japan remains high compared to other (Organization for Economic Cooperation and Development) countries," the report said.
Japanese tariffs on agricultural products are about 4.5 times higher than those on nonagricultural products, the WTO said, adding that the elevated tariffs support domestic prices that are higher than international levels.
Price support mainly through subsidies is "one of the potentially most production- and trade-distorting forms of support," according to the report.
Japan uses a comprehensive set of policy measures for the sector, resulting in "a relatively high level of protection and support to producers for most products," said a report on the WTO's biennial trade policy review covering Japan.
Due to high tariffs on agricultural products and price support measures, "support and protection given to agriculture in Japan remains high compared to other (Organization for Economic Cooperation and Development) countries," the report said.
Japanese tariffs on agricultural products are about 4.5 times higher than those on nonagricultural products, the WTO said, adding that the elevated tariffs support domestic prices that are higher than international levels.
Price support mainly through subsidies is "one of the potentially most production- and trade-distorting forms of support," according to the report.
Mar 8, 2017
Source: Jiji Press
Source: Jiji Press
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