By Chee Yoke Ling, TWN Info Service on WTO and Trade Issues
Some key elements of the 'development package' that has been floated at the Hong Kong Ministerial cannot be taken at face value because neither the EU nor the US can guarantee that they can implement what they have promised
Vital social services such as water, education and health may soon be beyond the reach of the poorest Filipinos if current World Trade Organization (WTO) negotiations on services liberalization are successful, according to the Our World is not for Sale (OWINFS) global coalition against the multilateral trade body.
Press release: As the WTO's Hong Kong Ministerial enters its last phase, over 80 civil society organizations, made a joint statement expressing grave concerns about the state of the negotiations, as the current proposals of developed countries particularly on NAMA, Services and Agriculture, do not have development content and are in fact anti-developmental in nature
World trade talks plunged into disarray on Friday as rich nations exchanged accusations over their long-protected farm markets and struggled even to agree on a package of measures to help the world's poorest.
The European Union stood firm Dec. 16 in resisting demands from key trading partners for an agreement at the World Trade Organization's Hong Kong ministerial conference on an end date for the elimination of export subsidies