WTO’s members take efforts to break the standstill in agricultural sector

04/09/2007 12:00 - 854 Views

On September 3 WTO’s members launched a campaign for 3 weeks to break the impasse of main agricultural areas, with the aim of resuming negotiation in Doha Round.

Minister of Trade of India Kamal Nath said that the draft of Agricultural and Non-agricultural Market Access (NAMA) drawn by WTO was ideal foundation for negotiations. He also affirmed that trading in industrial products did not meet any difficulties as in agricultural ones because developed countries subsidized a lot for agricultural categories.

Last month, many negotiations on proposals of concession in agricultural subsidies and import duty were held – the main obstacles of negotiations influencing on service areas and industrial goods.

Crawford Falconer- the ambassador of New Zealand in WTO and chairman of agricultural negotiations warned negotiations would meet difficulties if members did not try their best to overcome the difference this month.

As expected, negotiations would finish on September 21, including bilateral meetings, a group meeting among more than 30 representative nations and a plenary with 151 WTO’s member countries.

This month, bilateral negotiation on industrial goods was going to be organized in Geneva.

Doha Round on global trade liberalization, initiated in 2001 in Cata aimed to lower and cut agricultural subsidies and export duty to help developing countries get benefits from spreading global trade.

However, WTO’s members now still disagreed with the level of tariff reduction on agricultural goods, industrial products and services. Besides, there had differences between developed and developing countries on concessions which they must implement.

On July, the industrial superpowers like The US and EU showed their dissatisfaction with the level of tax deduction on agricultural subsidies and importing tax of agricultural products. Whereas, many developing countries like Brazil, India, Indonesia complained about their concessions in removing barriers of exported industrial goods.

Vietnam News Agency

05/09/2007

Source: TTSG
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