WTO Members Discuss Participation of Developing
Countries in World Trade
The WTO Committee on Trade and Development (CTD) started its
autumn schedule of meetings on 14 September with an informal session dedicated
to Aid for Trade. A formal CTD meeting on regional trade agreements will be
held on 29 September along with a separate meeting on technical assistance and
training for developing countries.
Helping
developing countries participate more fully in the global trading system is one
of the objectives of the WTO. In the CTD, WTO members discuss ways to help
developing countries improve their trading capacity so as to increase their
economic opportunities and raise living standards.
“The
CTD is the focal point for development issues in the WTO and the majority of
WTO members are developing countries,” said WTO Deputy Director-General Yonov Frederick Agah, who
oversees development matters in the WTO Secretariat. “The work of the CTD is
therefore of fundamental importance in maintaining the development dimension of
the organization.”
The
meeting dedicated to the Aid for Trade initiative discussed how to take account
of the trade and development challenges arising from the COVID-19 pandemic.
More information is available here.
At
the Dedicated Session on Regional Trade Agreements (RTAs), WTO members will
consider four RTAs notified by developing countries, with a view to making
these trade arrangements more transparent. The Committee is mandated to
consider trade arrangements between developing countries under the WTO Enabling Clause.
The
agreements to be considered are the Preferential Trade Agreement between the
Southern Common Market (MERCOSUR) and the Southern African Customs Union
(SACU), the Free Trade Agreement between the Association of Southeast Asian
Nations (ASEAN) and the Republic of Korea, the Preferential Trade Agreement
between India and Afghanistan, and the accession of Egypt to the Common Market
for Eastern and Southern Africa (COMESA). Members will consider these
agreements based on the provisions of the Transparency
Mechanism for Regional Trade Agreements.
A
formal meeting of the CTD in Regular Session will also take place on 29
September to discuss trade-related technical assistance
and training for developing countries. The
WTO's Institute for
Training and Technical Cooperation will brief members on
current technical assistance activities provided by the WTO. Also under
discussion will be two reports prepared by the WTO Secretariat: the 2019 Annual
Report on the WTO's technical assistance activities and a plan for monitoring
and evaluating these activities. Members will also be briefed on a new
simplified procedure for requesting national technical assistance activities
online.
In addition
to upcoming meetings, the CTD Chair, Ambassador Mohammad Qurban
Haqjo of Afghanistan, may hold informal meetings with
members in various formats.