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WTO and Bangladesh December 13, 2009

Posted by bdoza in BANGLADESH, ECONOMY.
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Commerce Minister of Bangladesh Col (Retd) Faruk Khan after coming back from WTO Ministerial meeting at Geneva expressed his frustation over the outcome.

The theme of the meeting was ‘The WTO minsterial meeting, trading System and Current Financial Environment’.

Bangladesh demanded a duty-free & Quota free (DFQF) market access by 2010. Bangladesh also demanded no LDC should pay higher duties than any non-LDC members by the decision on the Disproportionately Affected Countries(DAC), Daily Star reports .

The Doha Round of talks have foundered amid disagreements between developed and developing countries over the level of cuts to agriculture subsidies and industrial products tariffs, another report adds.

Many countries including Brazil were not pleased at the role of USA. Ministers from the Cairns Group of 19 agricultural exporting countries said they were dismayed by the lack of progress in ending the Doha stalemate. Daily Star reports.

An ordinary citizen

Link: WTO -Home page

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