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🔗 Source: ecipe.org
📊 Size: 74 KB
👤 Author: bender
⬇️ Downloads: 72

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The WTO Ministerial Meeting in Hong Kong made some progress in advancing the Doha Development Agenda, but much remains to be done, particularly in settling negotiating modalities in agriculture and NAMA. Progress was made in areas such as trade facilitation, intellectual property rights, and aid for trade, but the outcome is weaker than it appears, with core modalities left unresolved. The meeting achieved some forward movement, including agreement on duty-free and quota-free access for least developed country exports, elimination of export subsidies, and faster reductions in trade-distorting domestic subsidies to cotton. However, the overall result leaves an enormous amount of work still to do, and the risk of stalled multilateral liberalization could lead to major opportunities forgone and systemic strains to the multilateral trading framework, with developing countries among the principal losers.

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The WTO Ministerial Meeting in Hong Kong made some progress in advancing the Doha Development Agenda, but much remains to be done, particularly in settling...

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  • File Format: PDF
  • File Size: 74 KB
  • Pages: 12
  • Language: EN
  • Author: bender
  • Total Downloads: 72
  • Last Updated: 3 weeks ago

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