Agricultural trade reform is a global issue. Countries are concerned both about reforms they may be required to implement and about the extent of liberalisation undertaken elsewhere. For OECD countries, the impacts of multilateral reform will depend increasingly on the provisions applied in emerging and transition economies (ETEs). Similarly, ETEs have a strong interest in the policies adopted by those OECD countries that dominate world agricultural trade. This annual publication examines the country-specific effects -- and the distributional consequences in Russia and in transition economies in line for EU accession as well as in other major agricultural economies-- Brazil, China, India, and South Africa.