By Martin Khor, TWN Info Service on WTO and Trade Issues
A few days after the collapse of negotiations at the WTO, delegates of many developing countries are pondering over several issues that have emerged over the proposal, mooted by WTO director general Pascal Lamy and supported by the Ministers of the G6 members, to suspend the Doha negotiations across the board.
In Geneva, on Thursday, at the request of WTO Director General Pascal Lamy, the ambassadors of the 149 WTO member nations, meeting in General Council, officially agreed to suspend Doha Round talks indefinitely after the stalled meeting on 24 July when the major G-6 trading powers (EU, United States, Brazil, India, Australia and Japan) were unable to reach a compromise on the modalities (figures and other provisions) for trade liberalisation in agricultural products and non-agricultural manufactured articles (NAMA).
Dr Patricia Ranald, Public Interest Advocacy Centre
tralian Trade Minister Vaile is mistaken to put his faith in bilateral deals following the collapse of the WTO negotiations. This is not a time to retreat into bilateral deals, which are even more unfair to developing countries and medium sized economies like Australia.
By Kanaga Raja, TWN Info Service on WTO and Trade Issues
Following the collapse of trade talks among the Ministers of theG6 countries late Sunday night, European Union Trade Commissioner Peter Mandelson on Monday blamed the United States for failing to show flexibility on the issue of farm subsidies.
The suspension of WTO negotiations is good news for consumers, farmers and fisherfolk around the world, said consumer group Food & Water Watch. The deadlock provides an opportunity for governments to take a new approach when writing the laws that govern global trade.