Director-General Pascal Lamy presented a Secretariat note on Development Aspects of the Doha Round to the WTO's Committee on Trade and Development on November 28, 2005.
He stated that what is already on the table can translate into a good result for development, adding that it would certainly be disastrous if what they have disappears because they fail to move the negotiations forward.
Bilingual statement Agriculture is obviously of critical importance to all developing and least-developed countries, and is also in many ways the key to the negotiations. Developing countries stand to gain from increased market access in developed markets and expanded opportunities in other developing countries.
They will also gain from substantial reductions in trade-distorting domestic support in developed countries and from the elimination of all forms of export subsidies. The UR contributed in this direction.
Developing country agricultural exports increased by 24% between 1995 and 2003 and developing countries have increased their share of world exports from 40 to 42 percent, at a time when agriculture exports increased from $299 billion to $352 billion.
Trade growth has been particularly strong between developing countries which increased by 32 percent between 1995 and 2003. They must now ensure that the DDA takes developing countries well beyond that.
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.