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Bangladesh to push for proper S&D
treatment
NEW AGE
January 27, 2004
Staff Correspondent |
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BANGLADESH will continue to pursue
the issue of special and
differential (S&D) treatment for the
LDCs at the World Trade Organisation
along with its previous demand for
duty- and quota-free market access.
Commerce Minister Amir Khosru Mahmud
Chowhdury Monday said that until and
unless these issues (S&D and market
access) were appropriately addressed
the global trade regime would remain
skewed in favour of the more
powerful countries. "LDCs will not
be able to resort to the dispute
settlement process of the WTO unless
the S&D measures are really taken
care of," Khosru told newsmen after
attending a seminar on `Dispute
Settlement in the WTO' organised by
the Centre for Policy Dialogue. He
also said that a list of
recommendations on S&D has been
proposed for the South Asian Free
Trade Agreement (SAFTA). The
proposals included arranging the
settlement of disputes in the
capitals of least developed
countries, granting LDC members of
the WTO more time to reply to
complaints made by developed
members, inclusion of LDC
representatives in the panel of the
Dispute Settlement Body (DSB) if an
LDC member is involved in the case.
It could prove to be beneficial for
the LDCs if the ruling was adopted
on the basis of individual
deliberations of the panel members
by majority instead of the whole
panel coming up with one decision
unanimously, he said. "In order to
build sufficient capacity in terms
of expertise and research work, LDCs
needed monetary assistance, which
could be arranged from the WTO
itself or the Global Trust Fund,"
Khosru mentioned, Khosru also said
that similar proposals were being
worked under SAFTA. "However these
[proposals] have not yet been
incorporated into any agreement per
se under the WTO, but we intend to
pursue them in earnest." Mohammed
Faruk Khan, Awami League lawmaker
and whip of the Opposition told New
Age later that despite their
reservations about the state of
affairs of the internal economy of
the country, the Opposition did not
have any qualms regarding
inter-national trade matters. "I
believe that it is appropriate for
the commerce minister to be
addressing these long neglected
issues at the multilateral
frame-work. He has our full support
and we hope that he will be
successful in realising these
demands at the international
levels," said Faruk Khan, who also
attended the seminar. |