Global Agricultural Trade System (GATS)

The Global Agricultural Trade System (GATS) refers to the framework and agreements that regulate and facilitate international trade of agricultural products like crops, livestock, and related goods. It promotes fair competition by establishing rules for tariffs, subsidies, and standards, ensuring countries can buy and sell agricultural commodities efficiently and fairly across borders. GATS aims to reduce trade barriers, resolve disputes, and support food security and economic stability worldwide by creating a predictable and transparent trading environment for farmers, exporters, and consumers globally.