Arab Today, arab today wto chiefelect vows to make doha development round advance
Last Updated : GMT 05:01:52
Arab Today, arab today
Arab Today, arab today

WTO chief-elect vows to make Doha Development Round advance

Arab Today, arab today

Arab Today, arab today WTO chief-elect vows to make Doha Development Round advance

Rio De Janeiro - XINHUA

The World Trade Organization (WTO) Director-General-elect, Brazilian diplomat Roberto Azevedo, said Friday that his greatest challenge after assuming office would be to make the Doha Development Round move forward. Negotiations for the Doha Round have been suspended for years due to differences on issues such as trade barriers and agricultural subsidies. Azevedo said at a press conference in Brazil\'s Foreign Ministry in Brasilia, the federal capital of Brazil, that the dilemma will have to be addressed once negotiations for the Doha Round are resumed. \"It is politically impossible to contemplate other areas and leave agriculture out. Industrial goods, services and agriculture were in the core of the Doha Round in 2008 and will continue to be once it is resumed. There is no way to take any of the three from the board,\" said Azevedo. The diplomat admitted that the current scenario is not favorable to the fall of trade barriers because of the adverse effects of the 2008 financial crisis. \"Some 20 percent of the protectionist measures introduced since 2008 have been lifted, which means that 80 percent are still active,\" Azevedo said, stressing the importance of resuming negotiations to the world trade club. He expressed optimism over the next WTO Ministerial Conference to be held in December in Bali, Indonesia, where matters such as agriculture, tariffs, food security and subsidies will be discussed. \"The negotiations are not advancing the way we expect. There is some pessimism in Geneva. I hope we can revert that to have a consensus by December. I have not given up on Bali yet,\" said Azevedo, who will take office as the next WTO director general in September to replace Pascal Lamy.

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