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Doha Development Round: How long will it be in the Doldrums?

Doha Development Round: How long will it be in the... INTRODUCTION Fair and equitable trading system is the crying need of developing economies right from the beginning of the Doha Development Round and accordingly has become the focal point of global trading system and then has become the major issue in failure of trade negations under DDR. Any bilateral deal may break the needed solidarity painstakingly built over the years among developing countries for equitable distribution of gains from global trade.1 I WHERE ARE THE DOHA TRADE TALKS LOGJAMMED? Developing economies want EU, USA, Japan to cut farm subsidies. These countries were demanding a special safeguard mechanism to enhance import duties to protect against import surges and special goods, which won't face tariff cuts. Developed nations have serious reservations on both the issues. Many developing nations such as India with relatively developed services sectors insisted on more access to others' markets. India along with China and Brazil were of the view that negotiations in respect of services should go alongside with those in other areas. Other countries belong to G-20 desire that DDR should first concentrate on agriculture and non-agricultural market access than should move to negotiations in services. There was a demand that in principal agreement that http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of World Investment and Trade Brill

Doha Development Round: How long will it be in the Doldrums?

Journal of World Investment and Trade , Volume 11 (6): 9 – Jan 1, 2010

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1660-7112
eISSN
2211-9000
DOI
10.1163/221190010X00176
Publisher site
See Article on Publisher Site

Abstract

INTRODUCTION Fair and equitable trading system is the crying need of developing economies right from the beginning of the Doha Development Round and accordingly has become the focal point of global trading system and then has become the major issue in failure of trade negations under DDR. Any bilateral deal may break the needed solidarity painstakingly built over the years among developing countries for equitable distribution of gains from global trade.1 I WHERE ARE THE DOHA TRADE TALKS LOGJAMMED? Developing economies want EU, USA, Japan to cut farm subsidies. These countries were demanding a special safeguard mechanism to enhance import duties to protect against import surges and special goods, which won't face tariff cuts. Developed nations have serious reservations on both the issues. Many developing nations such as India with relatively developed services sectors insisted on more access to others' markets. India along with China and Brazil were of the view that negotiations in respect of services should go alongside with those in other areas. Other countries belong to G-20 desire that DDR should first concentrate on agriculture and non-agricultural market access than should move to negotiations in services. There was a demand that in principal agreement that

Journal

Journal of World Investment and TradeBrill

Published: Jan 1, 2010

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