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Home  » Business » Remove trade barriers, urges WTO chief

Remove trade barriers, urges WTO chief

By K R Sudhaman in Cancun
September 11, 2003 14:09 IST
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The five-day World Trade Organisation Ministerial kicked off amidst anti-globalisation protests to expose the widening gap between the rich and poor even as its Director General Supachai Panitchpakdi asserted that time had come for the 146 trade ministers to agree on removing barriers to trade.

"There comes a time when rhetoric has to be backed by action. The weak world economy needed a strong message from ministers in favour of freer trade," Supachai told the opening session of the fifth WTO Ministerial in which battle lines have been drawn among developing and developed countries on contentious agriculture and Singapore issues.

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Supachai's appeal came at a time when 4,700 delegates fear repeat of a WTO meeting in Seattle in 1999 that ended in deadlock across the table and rioting in the streets. The WTO is still to get over that debacle.

The aim of this week's session is to revive talks that started two years ago at Doha and are due to end with an agreement by the end of 2004 on further opening up of trade to spur growth in the world economy.

"We should learn from the past and face the reality that we cannot keep postponing decisions," Supachai said as some slogan shouting anti-globalisation activists, some of whom had their mouths taped, held placards denouncing the WTO as anti-development and undemocratic.

A large number of activists and farmers have also descended at Cancun for a protest demonstration near the meeting site. But police have barricaded the entire conference venue and was patrolling the site to prevent any untoward incident.

India's Commerce Minister Arun Jaitley, who addressed the plenary later in the day welcomed the recent decision on Trade Related Intellectual Property Rights and Public Health saying it would make it easier for poorer countries to import cheaper generic drugs if they are unable to manufacture the medicines themselves.

"But we have a responsibility to ensure that the system we have put in place works to meet legitimate humanitarian needs without being held hostage to procedures," he said, adding developing nations participate in the multilateral trading system in the hope that this would lead to their economic development and not because trade liberalisation is an end in itself.
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K R Sudhaman in Cancun
 

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