Search Result for : Doha Development Agenda

The Dollar Business Bureau    The Cabinet has approved India’s stand at the World Trade Organisation (WTO) ministerial conference held in Nairobi in December, which included the country’s commitment towards food security and agricultural exports. The power-packed conference, which saw a conflict between developing and developed countries over issues like farm subsidy and implementation of Special Safeguard Mechanism (SSM) to curb imports, concluded with members agreeing to continue discussion on a common negotiation package. The Nairobi Ministerial Package covers decisions of developing countries on agricultural subsidy, implementation of SSM, public stockholding for food security purposes and commitment to abolish subsidies on farm exports among others. “Decisions were also made regarding preferential treatment to LDCs (Least Developed Countries) in the area of ...

Source: PTI Trade ministers of WTO member countries concluded their talks on December 19 without any commitment from developed countries on cutting farm subsidies   After a ‘disappointing’ year at WTO, India is looking to beef up its efforts in 2016 to push for early conclusion of the long-stalled Doha Round talks at the global trade body and for finding a permanent solution to food security issues. At its recent Nairobi meet, the World Trade Organisation failed to address the concerns of developing countries, resulting in India coming back 'thoroughly disappointed' as far as the 14-year-old Doha commitments are concerned. Successful conclusion of the Doha Round agenda has been very important for developing countries and one of the main pending issues is ...

The Dollar Business Bureau    The process of agricultural trade reform started during the WTO conference at Doha in 2001 will be in jeopardy if members try to shift focus on new issues, Indian Commerce Minister Nirmala Sitharaman said at the 10th ministerial conference of the global body in Nairobi. “The reform process which was started after the Uruguay Round in the form of the Doha Round appears to be in jeopardy. Negotiations have spilled over into Nairobi, which makes matters very complicated. The manner and haste with which important negotiating meetings are being convened does not inspire confidence,” Sitharaman said. Negotiations on reducing export subsidies, domestic support and import duties on agricultural products were part of the Doha Development Agenda (DDA). ...

Source: PTI    Trade ministers of as many as 47 countries, including India, China and several African nations on Tuesday asked the WTO members to “redouble” efforts to conclude pending issues of the long-stalled Doha Round. On the first day of the WTO ministerial meeting in Nairobi, the 47 nations in a joint statement said they recognise that a comprehensive conclusion of the Doha Developmental Agenda (DDA) with economically meaningful and balanced outcomes will provide impetus to global trade liberalisation and facilitation. It would also correct the development deficit in the rules resulting from the previous rounds of multilateral trade negotiations and improve the trading prospects of developing Members, and enhance the primary role of the WTO in global trade governance, the ...

Himanshu Vatsa | The Dollar Business Bureau   Special safeguard measures (SSM) is a necessary tool for developing nations to check import surge and it will be at the centre of discussion along with the issues emanating from the Doha Development Agenda during the coming WTO conference, India has said. Representatives from more than 160 member countries of the WTO (World Trade Organisation) are scheduled to meet in Nairobi, Kenya during the ministerial conference to be held on December 15-18. Addressing a press conference on Thursday, Commerce Secretary Rita Teaotia said that apart from SSM, permanent solution to the development issues discussed during WTO’s Doha round in 2001 and a package for least developed countries will be on top of the agenda ...

The Dollar Business Bureau As World Trade Organisation (WTO) misses its deadline of July 31, to deliver a work programme on the remaining issues of the Doha Development Agenda (DDA), the WTO said that the result is very disappointing and should not become an obstacle to achieving outcomes at the WTO’s Ministerial Conference in Nairobi in December. Director-General Roberto Azevêdo told the WTO members that “This missed deadline does not represent a barrier to delivering in Nairobi – but it should be a wake-up call about our prospects for success.” Doha Development Agenda also known as the Doha round is a round of trade negotiations among the WTO membership with a fundamental objective is to improve the trading prospects of developing ...

The Dollar Business Bureau Roberto Azevedo, Director General, World Trade Organisation.   Unhappy over not making the progress that is needed in the key areas of agriculture, industrial products and services, Roberto Azevedo, Director General (DG), World Trade Organisation (WTO) convened a meeting of all members in Geneva on June 1, 2015. The meeting discussed the current state of play in negotiations on the work programme to advance the remaining issues of the Doha Development Agenda. The Doha Round is the latest round of trade negotiations among the WTO membership. Its aim is to achieve major reform of the international trading system through the introduction of lower trade barriers and revised trade rules. The DG said, “I will ensure that meetings of ...

The Dollar Business Bureau “Trade will continue to be a key engine of growth in the coming years. Without trade, it is difficult to see how the world can provide for the additional 2 billion people expected by 2050, and respond to the urgent need to improve living standards, particularly for the poorest,” said Roberto Azevêdo, Director-General, WTO (World Trade Organisation). Speaking at a joint WTO-UNEP (United Nations Environment Programme) event “20 Years of Building Pathways to Sustainable Development” on April 28 at the WTO headquarters, the DG said, “The world has to devise practical and realistic ways to make trade and environmental policies work together, both at national and international levels,” and added, “WTO is taking steps to ...