ID :
14478
Thu, 07/31/2008 - 19:24
Auther :
Shortlink :
http://m.oananews.org//node/14478
The shortlink copeid
Commonwealth Secy Gen wants early resumption of Doha Round
H.S. Rao London, July 31 (PTI) Describing the collapse of the Doha Round of talks as a great disappointment, Commonwealth Secretary General Kamalesh Sharma has sought resumption of the round as early as possible so that advances already made overseven years are not lost.
"We want to see an early harvest of progress already made...meeting the deadline for the end of EU agricultural subsidies...the US honour its commitment to end cotton export subsidies...least developed countries having improved access in exporting into the markets of developed countries," he saidin a statement Wednesday night.
He added, the stalling of the negotiations also has implications on the prospects of poorer countries to achieve the millennium development goals by 2015. Developed economies have to remember that they have committed to help poorerdeveloping countries meet the MDGs.
A world trade deal at this stage would have helped stimulate the sluggish global markets, currently gripped by financial and economic crisis, but rich and developingnations could not agree on the level of subsidy cuts.
"...we also emphasise that a fair, equitable and development-oriented outcome requires an inclusive negotiating process which gives genuine voice to all, and especially to smaller and poorer countries. The world's collective response to its collective challenge demands nothing less," he said Sharma said "last night's news represents a serious challenge to the fact of globalisation, and to the mindset of globalism, which sees the world and humanity as joined, and which forges collective responses in shared situations. The globalised and globalist commonwealth of 53 nations - a thirdof whose citizens live in poverty - is greatly disappointed.
"It is very unfortunate that at a time of global concerns, especially over food, fuel and financial turbulence, the member states of the W.T.O. could not produce a collective outcome. This setback should not be allowed to undermine the concept of multilateralism, and the potentially large gains tobe made by the global economy.
"Trade is the acknowledged route out of poverty, and the burden of the failure to reach commonly-agreed conclusions is largely borne by the least developed countries and the small and vulnerable states, which can only progress in a more development-friendly multilateral trading system."
"We want to see an early harvest of progress already made...meeting the deadline for the end of EU agricultural subsidies...the US honour its commitment to end cotton export subsidies...least developed countries having improved access in exporting into the markets of developed countries," he saidin a statement Wednesday night.
He added, the stalling of the negotiations also has implications on the prospects of poorer countries to achieve the millennium development goals by 2015. Developed economies have to remember that they have committed to help poorerdeveloping countries meet the MDGs.
A world trade deal at this stage would have helped stimulate the sluggish global markets, currently gripped by financial and economic crisis, but rich and developingnations could not agree on the level of subsidy cuts.
"...we also emphasise that a fair, equitable and development-oriented outcome requires an inclusive negotiating process which gives genuine voice to all, and especially to smaller and poorer countries. The world's collective response to its collective challenge demands nothing less," he said Sharma said "last night's news represents a serious challenge to the fact of globalisation, and to the mindset of globalism, which sees the world and humanity as joined, and which forges collective responses in shared situations. The globalised and globalist commonwealth of 53 nations - a thirdof whose citizens live in poverty - is greatly disappointed.
"It is very unfortunate that at a time of global concerns, especially over food, fuel and financial turbulence, the member states of the W.T.O. could not produce a collective outcome. This setback should not be allowed to undermine the concept of multilateralism, and the potentially large gains tobe made by the global economy.
"Trade is the acknowledged route out of poverty, and the burden of the failure to reach commonly-agreed conclusions is largely borne by the least developed countries and the small and vulnerable states, which can only progress in a more development-friendly multilateral trading system."
