In 1994, the world's trading nations agreed to

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In 1994, the world's trading nations signed the Uruguay Round agreement of the General Agreement on Tariffs and Trade (GATT), which led to the creation of the World Trade Organization (WTO). One of the main objectives of the agreement was to reduce agricultural subsidies and tariffs on agricultural imports. This was done to promote a more open and efficient global agricultural market and to reduce the barriers to trade that were making it difficult for developing countries to compete. The agreement also included commitments to reduce export subsidies and to improve market access for agricultural products.

In 1994, the World's Trading Nations Agreed to