Aishwarya

Doha deal can help resolve food crisis: WTO

May 8th, 2008 - 12:44 am ICT by admin ( 2 comments )

DPA
Geneva, May 7 (DPA) The head of the World Trade Organisation (WTO) said Wednesday that the multilateral trade body must help provide a solution to the spreading global food crisis. In his report to the General Council at WTO headquarters in Geneva, Director-General Pascal Lamy said concluding the Doha Round of trade talks to dismantle barriers and cut tariffs was “becoming more critical by the day”.

He said: “The reasons why we must conclude the round this year are visible to all of us. The WTO can provide part of the solution.”

After turbulence in world financial markets, rocketing food prices had created new pressures and fuelled food riots in some countries heavily dependent on food imports.

The Doha Round of talks, known as the development round, has collapsed several times in the six and a half years since it was launched due to endless squabbling by rich and poor countries.

Lamy said it was important to reach a deal this year and do away with trade distorting barriers that stifled food production and new investment particularly in developing countries.

He said: “This is a very tight schedule, but it is still doable.”

A meeting of trade ministers was planned later this month in Geneva but a date has still not been set.
DPA

Related Stories

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in World |

2 Responses

  1. ahmad hussein annan Says:

    To solve the crisis, whose background lies chiefly in high Oil Prices, Rich Oil Countries took the actions and did what the should. In according to Gulf States Reports; the high Oil Prices are driven by high Tax on Oil Imports. So Gulf States take the responsibility upon themselves, but rich consumers remain insisting on taxation… on the other hand , the rich Industries didn’t reduce taxes on agricultural products coming from developing countries. The Taxes remain high. Hamad (the prince of Qatar) said : super Powers and big industries have no right to direct us or tell us what to do! in fact they already did. Third World Products remain highly taxed, but produce more Oil to keep the Oil Prices low !!!!!! which made some WTO Officials declare that Doha has failed

  2. ahmad hussein annan Says:

    Before rich Countries demand more Oil flow from developing countries in the market (in order to keep stability in tact) , they should take the actions and fulfill what they have promised (a reduction of Taxes on agricultural Products imported by developing Countries). to make them bow and join in the action, developing countries need democratic Leadership (a strong rule). the fact is; rich Countries (except the USA-US Republicans) keep protecting dictators and Kings. straws planted in the poor Bodies o suck more blood and treasure (That is why many rich Countries still oppose the change in Iraq).
    http://www.ahmadannan.webs.com
    ann_2006@hotmail.de

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.


RSS feed for comments on Doha deal can help resolve food crisis: WTO