Doha deal needed for stronger world trade: WTO head

Published on Mon, Nov 30, 2009 at 17:38 |  Source : Reuters

Updated at Mon, Nov 30, 2009 at 17:47  

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Doha deal needed for stronger world trade: WTO head

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Aiming Ffor The End-Game:

Lamy said a deal would not be possible until all members were sure they were in an "end-game" where they could finally put their cards on the table.

The slow pace of negotiations and the many missed deadlines have created frustration and scepticism among members. Previous efforts to rush the deal to signature have stumbled over the technical details of sensitive issues such as how to safeguard farmers in poor countries from sudden price swings.

Public resistance has also rebounded against the WTO in the wake of the sharp global downturn, which many have attributed to a lack of oversight and regulation in financial services.

An anti-WTO demonstration in Geneva on Saturday - close to the 10th anniversary of a Seattle WTO ministerial marked by serious riots - turned violent, with protesters smashing the windows of banks, shops and hotels and setting cars on fire.

Indonesian Trade Minister Mari Pangestu told a news conference she had attended the 1999 ministerial, representing a non-governmental organisation, and felt there had been major progress in international trade relations since then.

"I think we have come a long way from Seattle, even though we still have demonstrations out there," she said. Cold rainy weather and several layers of police barricades kept protesters away from the Geneva conference venue on Monday morning.

Lamy said that during this week's ministerial, officials would look at ways to improve the enforcement of rules and methods of notifying the WTO of trade measures.

Looking beyond Doha, the WTO needs to assess issues from climate change and energy to regional trade deals, and ensuring existing rules are adapted to changing situations, Lamy said.

Once the complex Doha negotiations - covering 20 different areas - are over, the WTO should consider whether the best way to open trade is through further all-embracing rounds, or talks on individual issues, he said.

  

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