Dairy Arrangement

International Dairy Arrangement and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of International Dairy Arrangement: A Tokyo Round agreement covering trade in dairy products, consisting of three protocols establishing minimum prices for milk powder , milk fats (including butter), and certain cheeses. The arrangement is overseen by the International Dairy Products Council (Sec. III). Signatories include Argentina, Australia, Botswana, Bulgaria, Egypt, the European Community, Finland, Hungary, Japan, New Zealand, Norway, Poland, Romania, South Africa, Sweden, Switzerland, and Uruguay.