Posted by: mulrickillion | December 26, 2011

WTO | 2011 News items – Report by the Chairman of the Trade Negotiations Committee, – General Council meeting 30 November 2011

WTO: 2011 NEWS ITEMS

30 November 2011

GENERAL COUNCIL

Lamy sees support for advancing negotiations in more promising areas of the Round

Director-General Pascal Lamy, in his report on the Doha Round to the General Council on 30 November 2011, said that he sensed in his consultations with members “convergence emerging around the idea that members advance negotiations in areas where progress can be achieved, in line with our existing provisions that allow members to reach agreements based on consensus earlier than the full conclusion of the single undertaking”. He added that “obviously it is for the membership to see which are these areas as it is for the membership to negotiate and reach agreement”.

>> Summary of the General Council meeting

Report by the Chairman of the Trade Negotiations Committee

The 8th WTO Ministerial Conference will be an occasion for us to review the entire breadth of WTO work and for Ministers to provide political guidance for our future work. 

We all know that these are not ordinary times.  The outlook for the global economy has worsened considerably in recent months.  After the encouraging signals of recovery seen at the end of 2010, risks and uncertainties are now increasing.  Global activity is slowing down, economic performance continues to be uneven across countries, debt levels and financial markets ’volatility are rising, high unemployment persists in many countries, and confidence is falling sharply. 

These risks are aggravated by perceptions that governments’ responses to these challenges have so far been insufficient to provide opinions and markets with a convincing exit strategy framework.  This is the reality that we face as a backdrop against which our meeting will be taking place.  As a result of that, world trade has grown more slowly than expected in recent months. . . .

WTO | 2011 News items – Report by the Chairman of the Trade Negotiations Committee, – General Council meeting

>>Audio: Statement by Pascal Lamy: http://www.wto.org/audio/2011_11_30_gc_lamy_stat.mp3

>>Proposed agenda: http://www.wto.org/english/thewto_e/gcounc_e/meet_nov11_e.htm; “Under this agenda item, the General Council will consider the reports of subsidiary bodies on China’s implementation of the WTO Agreement and of the related provisions of the Protocol (WT/GC/136, G/L/977, S/C/37, IP/C/60, WT/BOP/R/103, G/TBT/30)”. . . .

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