Doha trade round

Page history last edited by Brian D Butler 1 yr ago

 


 

Doha Trade Round:

 

What needs to be done?

 

With the failure of the Doha Round, the trading system in the 21st century will require substantial reform. The problems of the Doha Round and the proliferation of regionalism confront WTO members with many challenges.  We are moving away from the ideal of one single set of rules that would govern world trade, and toward a system of plularlism.  

 

Potential Benefits:

 

— Maximum tariff for farm products could fall to 30 per cent or less, and 5per cent on non-agricultural goods

— Existing tariffs applied on imported goods could also fall but to a lesser extent than maximum tariff ceilings, according to the World Bank economists

— The talks could include a sharp reduction in the amount of money and other assistance that governments can give to their agricultural exporters. The European Union's permitted level of farm subsidies could fall by 70 per cent and Washington's by 60per cent, the World Bank said

 

 

Major Trading countries

 

In 2008, the seven top trading nations: the European Union states, the US, China, Japan, India, Brazil and Australia.

 

 

Latest Trade Round:

 

In an attempt to liberalize trade, the world is engaged in free trade negotiations.   The latest negotiation is called the Doha trade round

 

 

 

What is "Doha" anyways?

 

The Doha trade round, which began in Qatar in 2001, has suffered repeated setbacks as powerful emerging market nations have insisted on swingeing cuts in farm subsidies and tariffs by rich nations, notably the US, the EU and Japan. These latter nations have insisted that big trading nations in the developing world, such as Brazil, China and India must open their markets to Western manufactured goods as a quid pro quo for a deal on agriculture.

 

Barriers:

 

India has proved to be one of the toughest negotiators in the Doha round, refusing to give up the country's high trade barriers. India maintains some of the world's highest tariffs, arguing that its peasant farmers and emerging industries need protection from world markets.

 

 

Delivering on Doha: Farm Trade and the Poor

 

 

by Kimberly Ann Elliott

 

 

Agricultural market liberalization is essential in achieving a successful Doha Round agreement because these are the most protected markets remaining in most rich countries. But the implications for developing countries, especially the poorest, are more complex than the current debate suggests. This volume examines the structure of agricultural support in rich countries and explores the challenges as well as opportunities that developing countries might face if the Doha Round succeeds in reforming OECD agriculture policies.

 

 

1. Introduction

 

2. The Problem: Rich Countries Supporting Rich Farmers

 

3. Prospects for Reform: Lessons from US and European Experience

 

4. Opportunities and Challenges for Developing Countries

 

5. The Devil in the Doha Details

 

6. Delivering on Doha's Promise

 

 

 

Links from KookyPlan

 

  • Doha trade round [edit] Delivering on Doha: Farm Trade and the Poor by Kimberly Ann Elliott
  • TRIPS [edit] From Wikipedia: The Agreement on Trade Related Aspects of Intellect
  • WTO [edit] ! WTO an international organization designed to supervise and liberalize inte

 

 

 

 

Links from KookyPlan

 

  • Doha trade round [edit] Delivering on Doha: Farm Trade and the Poor by Kimberly Ann Elliott
  • TRIPS [edit] From Wikipedia: The Agreement on Trade Related Aspects of Intellect
  • WTO [edit] ! WTO an international organization designed to supervise and liberalize inte

 

 

 

 

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