Monday, 21st April 2014

Nepal calls for conclusion of Doha Round


Privacy Policy

Nepal has called on Word Trade Organisation members to show flexibility to conclude the Doha Development Round at the earliest.

Addressing the plenary session at the 9th Ministerial Conference of the WTO in Bali on Wednesday as the Coordinator of Least Developed Countries (LDCs), Minister for Commerce and Supplies, Shanker Prasad Koirala, stressed on moving forward with the Dohal Round.

The Doha Round was launched at the 4th WTO Ministerial meeting in 2001. Its goal is to reduce trade barriers, opening opportunities especially for LDCs for expansion of trade and economic growth.

“For the LDCs to truly benefit from the multilateral trading System, there is a need for full and timely implementation of decision on duty-free-quota-free market access together with the implementation of provisions of simplified, transparent and facilitative rules of origin,” Minister Koirala said.

Referring to this year's negotiations on proposed Bali outcome on three pillars of Trade Facilitation, Agriculture and Development and LDC issues, Koirala stressed that the outcome should be balanced and credible and should keep development issues at the core of negotiations.

In the address, he pointed out the need of effective and scaled up support to LDCs through Aid for Trade initiative and Enhanced Integrated Framework in order to increase LDCs' capacity to produce and trade. He also called on the 2011 decision to grant preferences to LDCs' services export be effectively and expeditiously implemented.

On the proposed Trade Facilitation deal, Minister Koirala stated that the concerns of Members lacking capacity to implement the provisions must be addressed. He underlined that the post-Bali work programme must provide a clear roadmap to conclude the works under the Doha Development Round.