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Developed Countries Offer Support for Deal on TF at Dec Bali Meet
With the Bali ministerial just months away,
the need to finalise a trade facilitation agreement in time for the December
meeting was highlighted by various participants during this week’s meetings.
“Such an agreement would go a long way towards supporting the
emergence of regional and global value chains, and the enhanced participation
of developing countries in these fragmented production processes,” OECD
Secretary-General Ángel Gurría
said.
WTO members are currently negotiating a set of deliverables
from the Doha Round of trade talks for agreement in time for the ministerial
conference, with a trade facilitation agreement being at the core. The process
of preparing such an “early harvest” package, however, has been difficult. Many
have warned in recent months that the process of removing “brackets” from the
draft trade facilitation text has been moving too slowly, held up both by
disagreements within those talks and in the other elements of the so-called
“Bali package.”
One of the main issues in the trade facilitation talks are
questions by some developing country WTO members over whether they will have
the capacity and resources to take on new commitments under such a deal. In an
effort to assuage these concerns, a group of 27 developed country governments
and several international organisations issued a statement on Monday pledging
to help developing countries in this area.
“We recognise that there are WTO members that will require
support to fully implement a Trade Facilitation Agreement, complementing the
support provided to date,” the group said. “Developing and least developing WTO
members can be confident of our ongoing support for
their implementation of a WTO Trade Facilitation Agreement.”