ABSTRACT
Commodities can be defined as: ‘a raw material or primary agricultural product that can be bought and sold’. The term therefore refers to goods that have not undergone extensive processing. How commodities, especially agricultural commodities, are produced and sold has absolutely fundamental implications for sustainable development. This explains why the proposals put forward in the Doha trade negotiations to liberalize trade in agricultural commodities have been so contentious and why, ultimately, it has not been possible to come to an agreement on them.
