Jam5000000amWed, 02 May 2007 05:19:17 +000007 21, 2007
Delivering On The Doha Round’s Development Promise Now
The World Trade Organization holds ’rounds of negotiations’ every few years among most of the countries of the world. The Doha Round, in Doha, Qatar began in 2001 and based its agenda on lowering trade barriers around the world. Participants include the developed countries as well as the LDCs. Currently, countries cannot reach a unanimous agreement to lower certain barriers. The basis was that the developed nations instill “the objective of duty-free, quota-free market access for products originating from LDCs [least-developed countries].”
However, the United States, whose imports of LDCs goods account for about 1 percent of U.S. total imports, is refusing to abide by the rule. U.S. trade representatives pushed for an exemption of 3 percent of products, which may not seem like a whole lot, but it does make a difference to those states who are struggling to develop economically. The 3 percent will most likely include products that are popular exports from the LDCs, such as agricultural goods, textiles, and footwear. Such barriers, especially those in the agricultural industry, will only hinder world trade and stall development. Efforts are being made to urge the United States to agree to 100% to the “duty-free, quota-free market access for the LDCs.”
When is a (Commercial) Liberal, Not a Liberal? « IRregular Blogging said,
Jam5000000amFri, 04 May 2007 04:24:03 +000007 21, 2007 at 3:15 p05
[...] is a (Commercial) Liberal, Not a Liberal? When it’s his ox getting gored. Delivering On The Doha Round’s Development Promise Now « Les Relations Internationales Global [...]