A senior World Bank official said Monday the Doha Development
Round remains vital to sharing the benefits of globalization more
equitably and lifting millions of people from poverty.
Danny Leipziger, the head of the World Bank delegation to the
Hong Kong Ministerial meeting of the World Trade Organization (WTO)
this week, was quoted as saying in a statement released by the bank
in Washington that the meeting must, at the very least, maintain a
clear focus on the three keys to a successful Doha Development
Round of trade negotiations.
Leipziger, also the bank's deputy president for poverty
reduction and economic management, said it must include real and
meaningful agricultural reforms, including cuts to subsidies and,
importantly, removing limits on market access for developing
countries; The deputy president said all countries need to
participate, because developed and developing countries both stand
to gain most from an agreement covering all markets and all
sectors. The smaller the number of participants, the smaller the
potential gains;
Thirdly, aid for trade is essential to enable developing
countries to take advantage of market opening and to compensate a
few developing countries as they adjust to the new trade
environment, Leipziger said.
"Over the last few weeks, we have seen expectations for progress
in Hong Kong diminish. Negotiations remain deadlocked over tough
issues, especially the issue of support by rich countries for their
own agricultural producers, Leipziger said.
"But the stakes are just too high -- not just for the poor, but
for the global economy -- to let the trade talks conclude without
real progress. The Doha Round represents an important opportunity
to rewrite the rules of an unfair trading system that holds back
the potential of the poorest people of the world, he said.
"And unless the poor have a chance to trade more and create more
jobs, increased aid and debt forgiveness will have little sustained
impact on their lives.
"More broadly, we need to remember that the developed countries
provide their own farmers three times as much assistance as they
give in total aid to the entire developing world. Countries sitting
at the negotiating table must look beyond their own vested
interests.
"And remember, that if Doha fails, it's the world's poor, those
1.2 billion people who are not present in Hong Kong, who will
suffer the most. We must not let the interests of a few drown out
the concerns and needs of the many," Leipziger concluded.
(Xinhua News Agency December 14, 2005)