Arab Today, arab today wto progress needed on doha to avoid dangerous situation
Last Updated : GMT 03:04:31
Arab Today, arab today
Arab Today, arab today

WTO: Progress needed on Doha to avoid dangerous situation

Arab Today, arab today

Arab Today, arab today WTO: Progress needed on Doha to avoid dangerous situation

World Trade Organization
Geneva - AFP

The World Trade Organization said Tuesday that huge gaps remained among members trying to negotiate a global trade deal, warning that failure to make progress by year's end could spark a "dangerous situation".

The 161-member WTO began its so-called Doha Round of talks in 2001, aiming to tear down global trade barriers, with an emphasis on supporting development in poorer nations.

Progress has been slow and frustrating, but members set a July 31 deadline to agree on a work plan to move the talks forward at a ministerial meeting in December in the Kenyan capital Nairobi.

That deadline will almost certainly not be met, chief WTO spokesman Keith Rockwell told journalists on Tuesday.

"If we were to achieve a work programme in the next 72 hours, I would be very, very surprised... so that is a disappointment," Rockwell said.

"The gaps are very wide," he said, lamenting that members including the world's top economic powers have appeared unwilling to make concessions in key areas.

With the Doha Round set to drag into its 14th year, Rockwell said the need for concrete progress in Nairobi was vital.

"I think people are starting to understand that we are running out of time and that a failure to achieve a meaningful outcome in Nairobi... would be a difficult and dangerous situation for the organisation," Rockwell said.

"A failed meeting in Nairobi would have very adverse consequences for the WTO," he continued, citing concerns that some countries could lose the will to carry on with the process.

The WTO reached a landmark deal in late 2013 on overhauling global customs procedures, the first multilateral agreement concluded by the organisation since it was founded in 1995.

The measures will take effect once they are ratified by the parliaments in two thirds of member-states.

But agreements on the trade of agricultural goods and industrial goods -- the other key planks of the Doha Round -- have remained elusive.

"Among the big players, there is a big gap between what they want others to give and what they are prepared to give in return," Rockwell said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wto progress needed on doha to avoid dangerous situation Arab Today, arab today wto progress needed on doha to avoid dangerous situation

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 13:43 2017 Sunday ,19 February

Local institutional buying lifts Oman shares higher

GMT 15:33 2017 Saturday ,18 February

Lock-up shares worth 39 bln yuan eligible for trade

GMT 09:49 2017 Saturday ,18 February

Qatar Stock Exchange Index Gains 190.17 Points This Week

GMT 09:15 2017 Friday ,17 February

Asia stocks retreat after week-long Trump rally

GMT 08:14 2017 Friday ,17 February

Bahrain Bourse daily trading report

GMT 21:28 2017 Thursday ,16 February

US Stocks End High on Tuesday

GMT 21:18 2017 Thursday ,16 February

Chinese Yuan Strengthens to 6.8632 Against USD Wednesday
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday