Regulation of International Agricultural Trade Within the Framework of the World Trade Organization

Abstract

The paper deals with the theoretical study of the legal regulation of the role and place of agriculture in the World Trade Organization, as well as a place of international trade and the main forms of its regulation by international law. The agricultural commodities, as opposed to services, are regarded to be the products of labor which are physically cross national borders. Such products are defined separately within the WTO system due to special nature and role in the development of international trade. This difference lies in the peculiarities of the agriculture production process and the constant demand for products that provide daily natural human needs as well as an important role played by the agricultural sector in the history, culture and economy of many societies. We study the regulations, the role and importance of international agricultural trade in modern international relations, its forms of regulation. The major issues of improving standards of production and management in the agricultural sector are examined.