Definition of green box in English:

green box


  • A set of farming subsidies established by the World Trade Organization that do not affect production levels or prices.

    • ‘EU farm exports would fall by a massive 45 per cent if Green Box subsidies were removed and production would fall by close to 6 per cent.’
    • ‘Most developed countries are very supportive of the Green Box as a way to support non-trade concerns such as environment.’