I'm pleased that we can follow up on what I thought was a good discussion in June. As I said then, I think we need to keep a close eye on how other countries subsidize agriculture. This is especially important to keep in mind during our debates on the farm safety net. We need a level playing field if we are going to be competitive in a global market.
Opening Statement by Agriculture Committee Ranking Member Collin C. Peterson
Foreign Subsidies: Jeopardizing Free Trade and Harming American Farmers
--As Prepared for Delivery--
“Thank you Chairman Conaway.
“I'm pleased that we can follow up on what I thought was a good discussion in June. As I said then, I think we need to keep a close eye on how other countries subsidize agriculture. This is especially important to keep in mind during our debates on the farm safety net. We need a level playing field if we are going to be competitive in a global market.
“Today's hearing will cover a broad array of subsidies, ranging from dairy support programs in Canada and the EU; sugar subsidies in Brazil, Thailand, India, Mexico and the EU; and subsidies for wheat, corn, rice, and cotton in China, India and Turkey. I hope we can also continue the discussion that began at our last hearing on this issue, about the impact of advanced developing countries increasing their subsidies.
“Again, I don't think it's fair that developing countries, no matter how advanced, can designate themselves for special treatment. I also think it's time for the United States to start challenging those countries that fail to meet their WTO commitments.
“I look forward to the testimony and I yield back.”
