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THIRD WORLD ECONOMICS

Issue No. 594 (1-15 Jun 2015)
Push to advance Doha Round arouses concern


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Concern among developing countries on DG consultations in WTO
The WTO Director-General held closed-door meetings in May with a select group of trade envoys in which only market access issues were said to have been broached. This has raised apprehension that the contentious question of farm subsidies which harm developing-country agriculture is being sidelined in a bid to conclude the Doha Round trade talks by year’s end.
by Chakravarthi Raghavan

Transparency by others, secrecy for WTO
The revelations about Roberto Azevedo’s consultations with seven member state delegations have reportedly upset the WTO chief, writes D. Ravi Kanth.

US call to drop SSM rebuffed by South envoys
Many developing countries have rejected a US call to drop the proposed agricultural special safeguard mechanism from the Doha Round agenda, insisting that the SSM is needed as protection against excessive volatility in farm trade.
by D. Ravi Kanth

South nixes US, EU call for binding autonomous services liberalization
Developing countries have opposed developed-country calls to set their autonomously taken services liberalization measures as binding WTO commitments.
by D. Ravi Kanth

Informal mini-ministerial for Paris in June
An informal meeting of some 30 trade ministers to take place in June will likely see a renewed push for the Doha Round “recalibration” promoted by the WTO Director-General and major developed countries.
by D. Ravi Kanth

CSOs urge support for LDC request on pharmaceuticals exemption
Development advocates have backed a request to continue exempting the world’s poorest countries from subjecting pharmaceutical products to WTO intellectual property rules.
by Kanaga Raja

CSOs voice concerns over corporate takeover of WHO
Civil society groups have sounded a warning against undue corporate influence on the work of the World Health Organization.
by Kanaga Raja

UNCTAD releases Roadmap and Guide for debt workouts
In light of the crippling effects of sovereign debt crises, UN development agency UNCTAD has come up with recommendations on how countries can better navigate the debt restructuring process.
by Bodo Ellmers

Opinion: Finance, like a cancer, grows
Roberto Savio trains the spotlight on the dangerous “new ethic” of the financial sector.


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