|
You are here:
Home >
Media > WTO Should Rediscover its
Development Goals through Reforms
WTO Should Rediscover
its Development Goals through Reforms: CUTS-FES Panel
Thesynergyonline Economic Bureau , December 03, 2009
"SYSTEMIC
reforms in the WTO are crucial for rediscovering the organisation's
development goals as originally envisaged in the Havana Charter of
1948 which can be traced back as the origin of today's multilateral
trade regime' said Faizel Ismail, the head of South Africa's
delegation to the WTO.
He was
speaking at the panel discussion on 'Reforming and Strengthening the
WTO' jointly organised by CUTS International and Friedrich Ebert
Stiftung earlier today along the sidelines of the seventh
Ministerial Conference of the WTO.
The
objective of the discussion was to contribute to the refinement of
various ideas for strengthening the WTO, including five proposals
for the same submitted by India and endorsed by all major member
countries.
Mr.
Ismail said that the growth of developing country coalitions since
the beginning of Doha Development Round has helped maintain a
balance of power in the WTO, but the organisation needs more efforts
to bring back the focus on development dimensions of trade.
Quoting
from his recently published book 'Reforming the WTO: Developing
Countries in the Doha Round', Mr. Ismail pointed out that the global
economic crisis and the continuing failure of the Doha Round have
led to the renewal of the debate on linkages between trade and
development.
Mr
Pradeep S Mehta, Secretary General of CUTS International and
moderator of the discussion, shared Ismail's optimistic view that
the impasse in Doha Development Round is not going to diminish the
significance of WTO even remotely and should be used to review and
thereby incrementally improve its functioning. The Indian proposals,
he felt, are a significant contribution towards this end.
The panel
including Steffen Grammling of FES and Isabel Mazzei of Oxfam
International advocated internal reforms of the WTO and enhanced
cooperation and coordination with other major multilateral
institutions and agencies. It was able to evoke a healthy response
from officials, academicians and civil society representatives
participating in the Ministerial Conference.
This
news item can also be viewed at:
http://www.thesynergyonline.com/
|