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Friday, 17 June 2011

Doha: An opportunity to find a solution to cotton subsidies problem

At the 31 March meeting of the Trade Negotiations Committee, the WTO Director-General proposed a three-stage approach to break the negotiating deadlock: an early harvest for the LDCs, a package covering topics directly related to development, and the postponement of discussions on negotiating snags until after the December 2011 ministerial. Pascal Lamy’s proposal has three things in its favor: it publicly recognizes that Doha will not be wrapped up by year’s end; it places the development of the poorest nations back at the heart of the Doha Round; and it revives negotiations which were judged dead two months ago but which fortunately no one dared bury.

Source: ideasCENTRE