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Last updated: July 23, 2008

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FORTHCOMING EVENTS

Towards a Coherent Trade and Development Strategy of India
24-25 July 2008,
New Delhi

 
 

Global Partnership for Development
Where do we stand and where to go?
12-13 August 2008,
New Delhi

 
 

Strengthening Skills on Commercial & Economic Diplomacy
Training Programme for
Civil Servants and Executives
(CDS.06)

18-21 August 2008,
Jaipur, India

 
 

Stakeholders Consultation
Regional Economic Cooperation in South Asia with a Focus on India-Sri Lanka Trade

21 August 2008,
Kochi, Kerala

 
 

Stakeholders Consultation
Regional Economic Cooperation in South Asia with a Focus on India-Bangladesh Trade

19 September 2008, Kolkata, West Bengal

 
 

CUTS-Commonwealth Secretariat Session at the WTO Public Forum 2008
The Missing Link between Trade Openness & Poverty Reduction
24 September 2008, Geneva

 
 

CUTS-FES-Evian Group Session at the WTO Public Forum 2008
What Future for Global Economic Governance?
25 September 2008, Geneva

EVENT REPORTS

State Level Advocacy Workshop
Mainstreaming International Trade and National Development Strategy in India
5 July, 2008
Kolkata, India

 
 

National Seminar
National Foreign Trade Policy of India: Why is civil society’s involvement required?

1-2 July 2008
New Delhi, India

 
 

International Trade and its Reach at the Grassroots-an analysis of Research findings from Rajasthan
June 17, 2008
Jaipur, India

RESEARCH REPORTS

Trade Liberalisation, Growth and Poverty in Bangladesh

 
 

Is the Stage set for Mainstreaming Trade into National Development Strategy of India?
Results of Field Survey in Two States

 
 

Political Economy of Trade Liberalisation in Bangladesh
Impact of Trade Liberalisation on Bangladesh Agriculture

WORKING PAPERS

Domestic Preparedness for
Services Trade Liberalisation

Are South Asian countries prepared for further liberalisation?

 
 

Trade, Poverty Reduction and the Integrated Framework
Are we asking the right people the right questions?

 
 

World Food Price Increase
Where Does the Buck Stop?

BRIEFING PAPERS

Do India’s AEZs Need a Fresh Start?

 
 

SAARC and BIMSTEC
Understanding their Experience in Regional Cooperation

 
 

‘Energising’ India’s Development
through Economic Diplomacy

VIEWPOINT PAPERS

The Doha Round of Negotiations on Rules
The State of Play

 
 

Doha Round of Negotiations on Agricultue
The Current State of Play

 
 

Doha Round of Negotiations on Non Agricultural Market Access
The Current State of Play

MISCELLANEOUS

US too plays «TRUMP» card?

 
 

CUTS Memorandum to the Trade Ministers of G-20 Group of WTO Member Countries
Why G-20 unity is necessary at this crucial juncture of the Doha Round of negotiations?

 
 

CUTS CITEE Weekly Bulletin
July 13-19, 2008

Previous Issues>>

 
 

CUTS Memorandum to the Commerce & Industry Minister of India on
India’s Strategy in the Doha Round at the current juncture

 
 

Visits and...
June 2008

Previous Records...

 
 

Dossier on Preferential Trade Agreements
June 2008

Previous Issues...

 
 
Trade Updates April 2008
Developmental Issues

<Latest

Accra 2008: the bumpy road to aid effectiveness in agriculture
ODI, April 2008

The 2005 Paris Declaration on Aid Effectiveness will be reviewed at the Third High-Level Forum on Aid Effectiveness in Accra in September 2008. The Paris Declaration establishes operating principles for donors and recipient governments to improve the effectiveness of aid. These include government leadership of the development process, a focus on policy results, greater alignment by donors with national policies and management systems, harmonisation between donors with division of labour, and mutual accountability for development results. <<More>>

Living standards widen among nations
Press Trust of India, April 30, 2008 

Despite improvements in world GDP, the relative gap in living standards between developed and the developing countries remains large, says the UN Conference on Trade and Development (UNCTAD). According to UNCTAD, the per capita income of developed countries in 2006 was 18 times higher than that of developing countries as compared to 23 times in 1980. The recent progress mainly reflects rapid economic advances in East and South Asia. <<More>>

Regional growth will keep Asia on track
The Associated Press, April 30, 2008

The economic engines of India and China will help keep Asia-Pacific economies on track amid a global slowdown, but a protracted U.S. slump and rising inflation pose possible hazards, a report said Wednesday. The most significant threat to the region's macroeconomic stability is inflation, in particular the recent surge in food and oil prices, according to the report by Standard & Poor's Ratings Services. "There are some visible threats to the region in the form of food and energy prices, which may adversely affect performance over the next couple of years," said S&P Asia-Pacific chief economist, Subir Gokarn, according to a statement. The most important challenge facing regional policy makers was managing inflation while sustaining economic performance, Gokarn said. <<More>>

UN Sets Up Task Force To Tackle Food Crisis
World Bank, April 29, 2008

UN agencies and the World Bank will set up a task force on food to deal with the rise in global food prices. The initiative is a reaction to the dramatic escalation in food prices worldwide, which has evolved into a challenge of global proportions that has become a crisis for the world's most vulnerable, including the urban poor. <<More>>

US subsidies killing off EU biodiesel producers, trade group complains
EU Observer, April 29, 2008

While the pressure on biofuels increases globally over concerns that the alternative energy source contributes to global warming and the food crisis, European and American biodiesel producers are caught in their own internecine dispute over subsidies. <<More>>

Food crisis: UN to reveal battle plan
AFP, April 28, 2008

United Nations Secretary General Ban Ki-moon was set Monday to lead a concerted effort by 27 key UN agencies to tackle the growing crisis caused by a worldwide sharp rise in basic foodstuff prices. The UN was scheduled at a two-day conference in the Swiss capital Bern to reveal a battle plan of emergency measures, while exploring other longer-term measures to solve the world's food crisis. <<More>>

America needs to make a new case for trade
Financial Times, April 28, 2008

While the financial crisis dominates current discussion on the US economy, questions regarding America’s future approach to globalisation are looming increasingly large.

Since the end of the second world war, American economic policy has supported an integrated global economy, stimulating development in poor countries, particularly in Asia, at unprecedented rates. Yet America’s commitment to internationalist economic policy is ever more in doubt. <<More>>

Neighbours get hurt in India`s war on inflation
Business Standard, April 28, 2008

India's necessity to curb inflation has cost its neighbours dear, with countries like Nepal facing severe shortage of essential commodities like rice and cement whose exports have been curbed. The curbs have also hit Sri Lanka, Bangladesh and Bhutan, all members of the South Asian Association for Regional Cooperation (SAARC). The situation is alarming and poses a threat to India's economic diplomacy and political clout in the region. <<More>>

 
EU should export not change its farm policy, says French minister
EU Observer, April 28, 2008
 
Developing countries should be inspired by the EU's common agriculture policy, French agriculture minister Michel Barnier has said. His German colleague, Horst Seehofer, recently made similar calls to keep the bloc's farm subsidies untouched amid the current global food crisis. <<More>>
 
Just growth won’t work: rethinking development strategies
Business and Finance Review, April 28, 2008

After the failed decade of "aid development", the World Bank has been very vocal about its distributional concerns and shifted from growth promotion to pro-poor growth. Nevertheless, the language shift is bigger than the underlying facts, as the term “pro-poor growth” is essentially misleading. <<More>>


Food instability sparks debate on farming and consumerism
Jamaica Gleaner, April 27, 2008

New international fault lines are emerging at the point where concerns about climate change, agriculture, food and energy meet. They run between nations in the developed world, the emerging markets of China, Brazil and India, to the smaller nations of the developing world such as those in the Caribbean. They carry with them the threat of hunger and instability and raise much broader questions about the global distribution of wealth. <<More>>

GSP + duty free benefits not lost yet – EC
Financial Times, April 27, 2008

The European Commission (EC), amidst a growing debate in the media and political circles over the GSP+ being linked to human rights violations, repeated its assertion – as has been the case in recent months - that no decision has been reached on this scheme and that there is no reason to assume Sri Lanka would be disqualified from the preferential trade scheme by the end of the year. “There seems to be an impression that the loss of the GSP+ is a done deal. I want to emphasise that nothing is further from the truth. There has been no decision made yet. The review, which is a technical procedure, takes place in the fourth quarter of this year,” said the Head of Operations of the Delegation of the European Commission to Sri Lanka and the Maldives, Peter Maher, earlier this week. Maher was addressing businesses at a seminar organised by the Sri Lanka-Poland Business Council. <<More>>

US cites China, Russia for failing to protect intellectual property
AFP, April 26, 2008

The United States on Friday named China and Russia as among the worst protectors of intellectual property rights, flooding global trade with counterfeit items such as DVDs, designer bags, medicines and software. In an annual report on intellectual property rights protection, the US Trade Representative's office singled out China and Russia for allegedly failing to respect US patents and copyrights. The Special 301 Report, named after the section of US law on which it is based, spotlights "one of the central challenges facing the global economy," USTR Susan Schwab said. <<More>>

India: Committee debates futures trade in farm commodities
Trading Markets, April 25, 2008

A high-level committee set up by the Indian government has become deeply divided over whether futures trading in agricultural commodities has resulted in an escalation of food prices. Abhijit Sen, member of the Planning Commission, favoured the continuance of an existing ban on sensitive staples. Several members of the committee however stated that there was not enough data to show a clear link between futures trading and the present hike in food prices. <<More>>

Food prices: UN food agency warns of eroding capacity
The Hindu, April 25, 2008

The UN World Food Programme has sounded a fresh alarm that fast rising food prices across the globe are eroding its capacity to serve millions of people already dependent on it and the situation could worsen with millions being pushed into poverty forcing them to seek its help. With the major exporters, including India, banning rice exports, shortages are expected to be felt around the world. <<More>>

The Branding of Region
Tehelka, April 24, 2008

IT IS THE original black gold — long before oil was discovered under the desert sands, it was the lure of this spice that had launched a thousand ships. Columbus reached the West Indies, but it was the Malabar coast that was his real destination. The treasure he was seeking to trade in — pepper. The seafarer who did reach the pepper coast, Vasco da Gama, wanted his men to take back saplings. King Zamorin of Calicut (now ozhikode) was unfazed. “They can’t take along our monsoon,” he is supposed to have famously said. <<More>>

The future of US fast track
Congress Daily, April 24, 2008

Fast track — the expedited procedure that Congress has long used to consider trade legislation — might prove the principal casualty of the confrontation between the White House and Capitol Hill over the Colombia Free Trade Agreement. The Constitution gives Congress the ultimate authority to approve trade deals. And, since the 1974 Trade Act, Congress has agreed to vote up or down in a timely fashion on trade accords, forswearing its constitutional right to amend legislation. <<More>>

EU institutions need to rethink trade strategies
European Voice, April 24, 2008

What can developing countries expect from regional trade deals with the EU? ‘Raw Deal', a report published this week by the World Development Movement provides an answer. Assessing the development impacts of two existing EU bilateral trade agreements – with South Africa and Mexico – the report highlights a range of negative impacts including: balance of payment problems; reduced tax revenue; reduced access to credit for farmers, reduced ability to regulate foreign investors effectively and increased unemployment. <<More>>

EU commission investigates link between biofuels and food crisis
euobserver.com, April 24, 2008

In the wake of mounting pressure from international organisations such as the World Bank and the United Nations World Food Programme, European Commission President Barroso has requested a study on whether there is any relationship between the recent skyrocketing of food prices around the world and biofuels. <<More>>

UNCTAD urges governments do more for women
Ghana Broadcasting Corporation, April 23, 2008
 
The Secretary-General of UNCTAD, Supachai Panitchpakdi, has asked governments to do more for women and not just pay lip service to gender issues. He asked governments, civil society organisations and policy makers to raise the awareness of and find empirical evidence to issues of gender to enable interest groups to be more forceful in their campaigns. <<More>>

Civil Society Groups Call for Establishment of Commission On Globalisation
allafrica.com, April 23, 2008

Civil society groups have called for the establishment of a new Commission on Globalisation and Development Strategies within the United Nations Conference on Trade and evelopment (UNCTAD). A declaration by civil society groups also asked for the policy space mandate of UNCTAD to be expanded. <<More>>

Trade Policies Need to Incorporate a 'Gender Lens'
Commonwealth News and Information Service, April 23, 2008

Increasing capacity among policy makers to ensure they apply a 'gender lens' at all levels of trade policy formulation, implementation and negotiation was one of the key recommendations which emerged from an event organised by the Commonwealth Secretariat, in collaboration with the United Nations Conference on Trade and Development (UNCTAD). <<More>>

It's not the price that causes hunger
International Herald Tribune, April 22, 2008

International prices of rice, wheat and corn have risen sharply, setting off violent urban protests in roughly a dozen countries in Asia, Africa and Latin America. But is this a "world food crisis?" It is certainly a troubling instance of price instability in international commodity markets, leading to social unrest among urban food-buyers. But we must be careful not to equate high crop prices with hunger around the world. Most of the world's hungry people do not use international food markets, and most of those who use these markets are not hungry. International food markets, like international markets for everything else, are used primarily by the prosperous and secure, not the poor and vulnerable. In world corn markets, the biggest importer by far is Japan. Next comes the European Union. Next comes South Korea. Citizens in these countries are not underfed. In the poor countries of Asia, rice is the most important staple, yet most Asian countries import very little rice. As recently as March, India was keeping imported rice out of the country by imposing a 70 percent duty. <<More>>

Poorest countries have yet to benefit from trade liberalisation
UN News Centre, April 22, 2008

A senior United Nations official has stated that landlocked and least developed countries (LDCs) have been further marginalised as a result of trade liberalisation. Cheick Sidi  Diarra, the UN’s High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, noted that globalisation, which is supposed to lead to economic growth and reduce poverty, has served to deepen the disparities between and within countries. <<More>>

EU heads for trade and climate talks with China

Reuters, April 22 2008

A delegation of the European Commission heads for Beijing this week to progress from words to action on China's soaring greenhouse gas emissions and its tense trade ties with Europe. The talks with the Chinese leadership will also address the handling of pro-independence unrest in Tibet and human rights in China. <<More>>

UN Secretary-General Calls for Free Trade On Global Market
Ghanaian Chronicle, April 22, 2008

UN Secretary-General Ban Ki-moon has stressed the need for more free trade in the global economy to boost the economies of poor countries, as trade has the tendency of lifting those countries out of poverty. The statement at the opening ceremony of the UNCTADXII summit in Accra was made in connection with soaring food prices, climate change and the lag in achieving development goals. <<More>>

UNCTAD XII Leaders Call for South-South Trade
Daily Guide, April 22, 2008

World leaders attending the 12th United Nations Conference on Trade and Development have called for further expansion of the South-South Trade among African countries- a shift which they believe will enhance and deepen future trade and development on the continent. <<More>>

WTO DDG tight-lipped on bio-fuel factor, rising prices
The Financial Express, April 21, 2008

 Will the changed situation of soaring global food prices and the highly subsidized bio-fuel programme in Europe and in the US find place in the revised texts for the upcoming negotiations for multilateral trade ? The WTO deputy director-general, Harsha Vardhan Singh could not give any satisfactory answer. He said "revised draft texts on agriculture and NAMA are expected towards the end of this month or early May. The 12th UNCTAD meeting in Accra in Ghana is taking stock of the situation relating to trade and development." <<More>>

WTO chief calls for aid rethink
BBC News, April 19, 2008

The head of the World Trade Organization, Pascal Lamy, has called for aid policies to be refocused to improve agriculture. Lamy said food aid needs to be increased but, more than that, improvements in agriculture need to be put back at the