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Need for a Multilateral Trading Regime Voiced Amid
Frustration About WTO Meet Outcome

Staff Correspondent
15 September, 2003

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Commerce Minister Amir Khosru Mahmud Chowdhury has said initiatives of civil society are critically important to put pressure on the developed countries to place the LDC's concerns and interests in the heart of the current WTO negotiations.

"Although the draft ministerial text takes into consideration the LDC's interests, the United States has come out very strongly against it", he said while speaking at the inaugural session of a symposium organised by the Centre for Policy Dialogue (CPD) on the Post-Doha Marginalisation of LDC Concerns here on Friday.

The CPD, which is being represented by a three-member delegation, is participating in, and organizing various events in Cancun with an objective to advance LDC interests in the context of the ongoing WTO Ministerial Meeting in Cancun, Chaired by CPD Executive Director Dr Depapriya Bhattacharya, the inaugural function was also addressed by Commerce Secretary Suhel Ahmed Choudhury and Chairman of the Geneva-based International Centre for Trade and Sustainable Development (ICTSD) Dr Taufiq Banuri.

The Commerce Minister, also the Vice Chairman of WTO Ministerial Meeting, said there was no visible breakthrough yet in the special as well as differential treatment and capacity building support to the LDC's although they were trying to uphold their agendas for expanded markets in the developed countries.

"A lot of discussions are taking place here on agricultural market access and Singapore issues, while there are strong opposing positions among the WTO members", he added.

Suhel Ahmed Choudhury expressed his frustration regarding the progress so far in the negotiations and observed that if the LDC's demands are not fulfilled, they should take a fresh look at the multilateral trading regime after the ministerial meeting is over. The inaugural session was followed by four working sessions on "Market Access and Meaningful Integration of LDC's in Multilateral Trading regime", GATS Negotiation's, Some Gains But Long Way to Go," S and D and Technical Assistance" and WTO Accession".

Experts from CPD, North-South Institute, Ottawa and leading experts from Nepal and India presented papers. Members of the government delegations from developing and least-developed countries, representatives from leading NGOs and advocacy groups, experts and journalists attended the symposium.