Rules of Origin (ROO) for Bali Moves Forward
The language for a draft
decision on rules-of-origin is now reaching convergence, WTO Director-General
Roberto Azevêdo told members at Friday’s meeting of
the Trade Negotiations Committee (TNC), which is tasked with the overall Doha
Round negotiations. Members will soon be able to transmit this document to
their ministers for agreement at Bali, he said.
The LDC group had tabled a
revised version of their original rules-of-origin proposal earlier this autumn,
which was reportedly well-received by members at the time.
Rules of origin specify how
much processing must take place locally before goods are considered to be the
product of the exporting country. They are often considered to be overly
restrictive and inflexible, making it difficult for
LDCs to take full advantage of the preferences they are granted.
Currently, these rules are
designed on a unilateral basis without any harmonised standard, which critics
say creates additional problems for the WTO’s poorest members, forcing them to
adapt to a range of rules depending on the intended export market.
The draft decision presented
on Friday sets out the technical aspects of preferential rules of origin and
discusses different ways to determine when substantial or sufficient
transformation has taken place in the place of origin. The draft decision also
details a series of provisions related to transparency and cumulation
- the latter of which allows two or more parties to a preferential scheme to
jointly fulfill the relevant local processing
requirement.
Whether a product is eligible
for any preferences offered under a trade agreement depends on the level of
transformation achieved. In this context, the draft decision suggests a
percentage benchmark as one way to determine transformation. This would be
derived from the value of the materials used in making the products.
Considering their limited
productive capacity, LDCs wish to keep the threshold level of “value addition
as low as possible,” allowing foreign inputs to make up to 75 percent of a product’s value in order to qualify for
preferential treatment.
However, they note that the
choice of a single rule should not preclude preference for product-specific
rules where these are in the interest of LDCs - for example, in the clothing
sector.
On cumulation
provisions, the LDC Group maintains that these should be considered as a
feature of non-reciprocal preference schemes. They say that cumulation
is of secondary importance to liberal rules of origin, which would allow them
to source their inputs from the most competitive producer, irrespective of
origin.
Cotton for DFQF Submitted by
C-4
Discussions on LDC topics are
now set to switch gears to the controversial topic of cotton, after Africa’s
four largest cotton producers - Benin, Burkina Faso, Chad, and Mali,
collectively known as the C-4 - tabled a provisional proposal on the subject
last week.
According to a copy of the
proposal seen by Bridges, the C-4 is requesting that cotton imports from LDC
markets be granted DFQF market access from 1 January 2015 onwards. The group
has also called for the elimination of cotton export subsidies, and is
requesting that the WTO secretariat circulate a compilation of any
trade-distorting domestic support from all cotton stakeholders over the past
decade.
The current C-4 proposal has
set 31 December 2014 as a deadline for the General Council to find a definite
solution on the cotton issue, which has long been a difficult subject in trade
circles. Under the terms of the proposal, the General Council would be expected
to periodically review the proposal’s implementation throughout the coming
year.
The proposal would also
require that a link be made between the development aspects of the cotton issue
and the WTO’s Aid for Trade Initiative.
West African producers have
long lobbied for a change in the WTO’s rules on cotton, arguing that developed
country subsidy schemes have kept global cotton prices low, hurting their
cotton-dependent economies.
The global cotton market has
experienced some notable changes in recent years, however, such as a decline in
developed country subsidies to their domestic producers. Cotton prices today,
though lower from the all-time peak seen in 2011, also remain high by
historical standards. Given these conditions, some analysts say that any cotton
deal may have a limited impact on world prices.