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World Trade Organization: Negotiations
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The World Trade Organization negotiations in Seattle collapsed Dec. 3. How come? What will the failure mean to Americans and others working in a globalizing economy? And where next? (12.13.99) From the Christian Science Monitor.
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A key item on the agenda of the Doha Round of trade negotiations is liberalization of trade in industrial products or, in the terminology of the WTO, "non-agricultural market access", NAMA. Despite its significance for industrialization and development, and the difficulties encountered in negotiations, this issue has not attracted much public attention in large part because the recent discussion has focussed primarily on agriculture. However, for developing countries the NAMA talks hold the key to narrowing national income gaps and catching up with richer countries, at least in a long- term basis. (PDF document). June 2005.
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ATCG provides a continuing opportunity to discuss the Australian Government's approach to further comprehensive trade reform in the WTO negotiations and to outlinedevelopments inAustralia's approach. Industry advises government on its major priorities and highlights the key issues on the international agricultural reform agenda that it would like the government to address.
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The Road Ahead: Agricultural Policy Reform in the WTO, Summary Report—Agricultural trade barriers and producer subsidies inflict real costs on the countries that use these policies and on their trade partners. If trade negotiations resulted in full elimination of agricultural price-distorting policies, the results would include an annual increase in world welfare, or consumer purchasing power, of $56 billion over 15 years.
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