Business groups want Doha revival

January 18, 2007
18 January 2007
 
Business groups want Doha revival
 
This article is extracted from the 17 January 2007 edition of “The Journal of Commerce”.
 
            Major business groups from countries representing 60 percent of world trade called for the swift completion of the stalled Doha Round negotiations in the World Trade Organization, saying "the costs of failure are diverse and grave."
 
            The United States Council for International Business joined 18 other leading business organizations from industrialized and developing nations in a global appeal for the immediate re-start of Doha….
 
            The groups called for a substantial reduction or elimination of tariffs and an effective approach to non-tariff barriers. In the agricultural sector, they called for commercially meaningful, new market access, and the reduction of and eventual elimination of trade-distorting mechanisms and subsidies, including export subsidies and disciplines on export measures. In the service sector, they asked WTO members to make commitments to tackle non-tariff barriers and provide new market access. …

Topic(s): 
World Economy & Politics
Information Source: 
Canadian News Channel / International News Channel
Document Type: 
Email Article