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Differences within developing world mar cooperation in WTO
New Delhi, Dec 08: There is an urgent need to remove contradictions within developing countries so that they frame an integrated approach to resist pressure from the developed world in negotiations under WTO.
There are conflicts among the developing countries themselves due to which they are unable to project a joint front against the developed world in the WTO Fora, director general, RIS, Nagesh Kumar said in the conference.
He said, a case in point is export subsidies given by the US and EU which the food-importing countries in the third world want to be continued as they result in cheap purchases.
However, a section of the developing world who are exporters of agri-commodities want greater market access and removal of these subsidies in the developed world.
On one hand developing countries are fighting for fair trade and raising larger issues in interest of the entire sector, on the other, small economies with focus on single commodity exports easily fall prey to a few concessions doled out by the developed countries, executive director institute of policy studies, Saman Kelegama added.
Colombo-based Kelegama said if there is cooperation amongst the developing countries they can have large access to each other's markets let alone the demand for their products in the developed world.
Bureau Report