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Title of article :
Conclude Doha: it matters!
Author/Authors :
Bernard Hoekman، نويسنده , , WILL MARTIN AND AADITYA MATTOO، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2010
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Abstract :
The Doha Round must be concluded not because it will produce dramatic liberalization but because it will create greater security of market access. Its conclusion would strengthen, symbolically and substantively, the WTOʹs valuable role in restraining protectionism. What is on the table would constrain the scope for tariff protection in all goods, ban agricultural export subsidies in the industrial countries and sharply reduce the scope for distorting domestic support - by 70 % in the EU and 60 % in the US. Average farm tariffs that exporters face would fall to 12% (from 14.5 %) and the tariffs on exports of manufactures to less than 2.5 % (from about 3 %). There are also environmental benefits to be captured, in particular disciplining the use of subsidies that encourage over-fishing and lowering tariffs on technologies that can help mitigate global warming. An agreement to facilitate trade by cutting red tape will further expand trade opportunities. Greater market access for the least-developed countries will result from the ʹ duty free and quota freeʹ proposal and their ability to take advantage of new opportunities will be enhanced by the Doha-related ʹaid for tradeʹ initiative. Finally, concluding Doha would create space for multilateral cooperation on critical policy matters that lie outside the Doha Agenda, most urgently the trade policy implications of climate change mitigation.
Journal title :
World Trade Review
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