By Sangeeta Shashikant, TWN Info Service on WTO and Trade Issues (Dec05)
Least developed country members as a group were granted extension of transitional period for 7.5 years to apply the provisions of the TRIPS Agreement. The extension is however subject to conditions that have been criticized by experts as severely constraining the benefits of the extension granted.
With only days left before the World Trade Organization holds its sixth ministerial meeting in Hong Kong, a new report claims that the agreements reached at these trade negotiations pose a threat to people and their environment around the world.
The U.S. Congress would probably reject a proposed deal by global trade ministers to give duty-free access to the world's poorest nations if the plan does not also open new markets for American farmers
By Martin Khor (TWN), TWN Info Service on WTO and Trade Issues (Dec05)
The WTO's General Council agreed to show that there is no agreement on the controversial Annex on services in the draft Ministerial text to be sent to the WTO's Hong Kong Ministerial conference to beheld on 13-18 December.
International Textile, Garment and Leather Workers' Federation
The Global Union representing workers in the textile and clothing sector has released a new video drawing attention to the plight of workers in the sector following the liberalisation of trade at the start of 2005.
Trade ministers of the United States, the European Union, Brazil, India, Japan and Australia meeting here on Saturday in an informal session hosted by the United States agreed broadly on what can be delivered in next week's Hong Kong trade conference for least-developed countries
by Martin Khor, TWN Info Service on WTO and Trade Issues (Dec05/6)
WTO members were engaging in intense informal negotiations anddiscussions on Friday, 2 December focused on how to respondto the revised draft Ministerial text to be transmitted to the WTO'sHong Kong Ministerial Conference starting 13 December.