The Uruguay Round (UR) on Agriculture was initiated by a small number of exporting countries like the United States, European Union, and Cairns group who were motivated to transfer their internal problems in agriculture to international markets. Altho...
The Uruguay Round (UR) on Agriculture was initiated by a small number of exporting countries like the United States, European Union, and Cairns group who were motivated to transfer their internal problems in agriculture to international markets. Although they highlighted the theme of global agricultural reform by comparative advantage and welfare of the all participant, the Round was an unfair game of economic politics in the name of multilateral negotiation that could solve their accumulative problems of over-production, stockpiling, export dumping and increasing subsidies. In fact, the negotiation was prepared in advance by the policy reforms of the leading countries in a way to fit with their own needs and budget capabilities. As the result, the monopolistic power of those exporting countries has strengthened in the international market on the one hand; while deepening the disparities between the rich and poor and food security dependency of many importing countries on the other hand. Unfairness of the Agreement lies in the fact that; export- restrictions and embargos of exporting countries were allowed; but no exemption for importing countries other than admitting tariffication and minimum market access (MMA) in the rule of market access. This paper, in analyzing the nature of unfairness of the Agreement and the impact, on the basis of Korean experiences in order to provide information to those who are concerned in the agricultural arena of globalization.