The 5th Ministerial Conference, held in Cancun, Mexico, from 10 to 14 September 2003, was an important step in the Doha Development Agenda round. The Cancun Ministerial Conference ended without agreement on a framework for future negotiations, and this failure to move the round forward resulted in a serious loss of momentum and called into question the compliance with the 1 January 2005 deadline.8 The Cancun talks in 2003, which were to reach concrete agreement on the Doha Round objectives , failed after four days. members were unable to agree on a framework for further negotiations. Since the Doha Ministerial meeting, discussions have continued with the most important words, but little progress has been made. [14] The purpose of this meeting was to establish a framework for the continuation of negotiations. The Doha Ministerial Declaration also called for clarification and improvement of fisheries subsidy disciplines, and both the Ministerial Declaration and the Implementation Decision provide specific provisions for trade aid and developing countries. In addition to trade remedies, the declaration calls for clarification and improvement of WTO disciplines and procedures on regional trade agreements. In the declaration, two steps were outlined for work on trade remedies: “In the initial phase of the negotiations, participants will outline the provisions, including disciplines relating to trade-distorting practices, which they will attempt to clarify and improve in the next phase.” No deadline has been set for these phases. A proposal for a modality for fisheries subsidies was also presented in the November 2007 draft management document.

The proposal would prohibit certain subsidies, such as increasing fishing capacity. B or promote overfishing. Exemptions would be granted for subsidies related to fisheries management operations and for certain special and differentiated treatments for developing countries, provided they adopt fisheries management programs. The scope of this special treatment and the treatment of small-scale fisheries subsidies in both developed and developing countries have not been resolved.67 The most recent project has removed all languages in which fisheries subsidies are disciplined, “establishing differences between delegations and the structure of rules” and instead calling for further discussion on what a new agreement should contain68. how the negotiations will be conducted. Negotiators discussed a “hybrid approach” that would combine a “negative list approach” for the national treatment of service providers with the current GATS`s “positive list” approach to market access obligations and disciplines related to the regulation of domestic services in participating countries49. Negotiators are working to reach a framework agreement by the end of 2012 to begin negotiations on commitment timetables in 2013. A possible unresolved question is whether the benefits of potential ISAs will be extended to all WTO members on one of the most favoured bases of the WTO, as the European Union seems to be helping, or whether the benefits will be extended only to participants, as the United States claims to prefer.50 Despite all these problems, it is far too early to abandon multilateral agreements and the global trading system. While more evidence has been needed to demonstrate the crucial importance of the WTO to the global economy, there is no need to look beyond the recent global financial crisis. Although countries have taken protectionist measures in the wake of the crisis, the international community has avoided a rapid deterioration in a spiral of beggar Thy Neighbor measures to block imports.

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