WTO Bali 2013 - Alexandra Nemykh, Hafiz Poladzade

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Transcript of WTO Bali 2013 - Alexandra Nemykh, Hafiz Poladzade

  • Alexandra Nemykh, Hafiz Poladzade 24.03.2014

    Special Issues in Globalization, WTO Bali 2013

    1

  • Agenda

    Overview Bali Package Negotiations with India Expected Impact on International Trade What is the next for WTO? Discussion References

    Special Issues in Globalization, WTO Bali 2013

    2

  • Place: Bali, Indonesia Time: 3-6 December 2013 Head of Conference: Trade Minister Gita Wirjawan Members: 159 Countries in focus: developing countries namely India, Thailand, Pakistan, Uruguay.

    Special Issues in Globalization, WTO Bali 2013 3

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Place, Time Purpose of Conference Bali Meeting in Doha Round

  • To ease barriers to international

    trade

    To provide developing

    countries with more options

    for food security

    To boost least-developed

    countries` trade

    To help the development

    more generally

    Purposes of the Conference

    Special Issues in Globalization, WTO Bali 2013 4

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Place, Time Purpose of Conference Bali Meeting in Doha Round

  • Bali meeting is a part of Doha Round negotiation program launched in 2001

    5 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Place, Time Purpose of Conference Bali Meeting in Doha Round

    Framework agreed

    Ministerial Conference:

    Further agreements in Hong Kong

    Attempt to break

    deadlock

    Draft modalities agriculture and non-agriculture products

    Bali Ministerial Declaration

    and Decisions

    Cancun ministerial midterm review: no agreement

    Doha Development Agenda launched

    Some differences narrowed

    2001 2004

    2005 2008 2013 2003

  • For the first time in our history, the WTO has truly delivered. Roberto Azevedo, head of the WTO.

    6 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Place, Time Purpose of Conference Bali Meeting in Doha Round

  • Bali Package Trade Facilitation

    Agreement on Trade Facilitation Ministerial Decision WT/MIN(13)/36 or WT/L/911

    Agriculture General Services Ministerial Decision WT/MIN(13)/37 or WT/L/912

    Public Stockholding for Food Security Purposes Ministerial Decision WT/MIN(13)/38 or WT/L/913

    Understanding on Tariff Rate Quota Administration Provisions of Agricultural Products, as Defined in Article 2 of the Agreement on Agriculture Ministerial Decision WT/MIN(13)/39 or WT/L/914

    Export Competition Ministerial Declaration WT/MIN(13)/40 or WT/L/915

    Cotton Cotton Ministerial Decision WT/MIN(13)/41 or WT/L/916

    Development and LDC issues Preferential Rules of Origin for Least-Developed Countries Ministerial Decision WT/MIN(13)/42 or WT/L/917

    Operationalization of the Waiver Concerning Preferential Treatment to Services and Service Suppliers of Least-Developed Countries Ministerial Decision WT/MIN(13)/43 or WT/L/918

    Duty-Free and Quota-Free Market Access for Least-Developed Countries Ministerial Decision WT/MIN(13)/44 or WT/L/919

    Monitoring Mechanism on Special and Differential Treatment Ministerial Decision WT/MIN(13)/45 or WT/L/920

    7 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Overview Agreement on Trade Facilitation Agreement on Agriculture Cotton Decision for LDC

  • Agreement

    on

    Trade Facilitation

    To tackle trade barriers

    Liquidate limits on agricultural trade

    Custom duties will replace trade barriers for Agriculture

    Reforms on Bureaucracy (fewer receipts, official documents and certificates)

    8 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Overview Agreement on Trade Facilitation Agreement on Agriculture Cotton Decision for LDC

  • Agreement

    on

    Agriculture

    Stockholding for food security: interim due restraint

    General services list: less controversial

    land rehabilitation

    soil conservation and resource management

    drought management and flood control

    rural employment programs

    issuing land ownership titles and settlement programs.

    9 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Overview Agreement on Trade Facilitation Agreement on Agriculture Cotton Decision for LDC

  • Cotton

    Market access: Cotton from least developed countries would be given duty-free and quota-free access to the markets of developed countries

    Export subsidies: Any remaining export subsidies on cotton in developed countries would be eliminated immediately

    Domestic support for cotton

    10 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Overview Agreement on Trade Facilitation Agreement on Agriculture Cotton Decision for LDC

  • Decisions

    for

    LDC

    a decision on the implementation of duty-free and quota-free market access for LDCs

    a decision on preferential rules of origin for LDCs

    a decision on the operationalization of the LDC services waiver

    a decision in the area of cotton, covering both trade and development assistance aspects

    11 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Overview Agreement on Trade Facilitation Agreement on Agriculture Cotton Decision for LDC

  • Negotiations with India

    Requirements by India, which frizzed the process of agreement conduction:

    affordable food for 800 million people

    Permission to subsidize rice and grain

    Reached compromise: subsidize food within clear limitations and under close monitoring

    Special Issues in Globalization, WTO Bali 2013 12

    Risk: "The problem is that India could now distort trade subsidizing products is always bad However, "Without the compromise, there wouldn't have been an agreement in Bali at all. Langhammer

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for WTO

    Overview

  • Expected Impact on International Trade

    This deal could add $1tn to world trade

    The potential of growth for World GDP is about one billion dollars

    The exportation costs are going to drop by 10-15%

    Companies will trade faster and with less bureaucracy

    New export opportunities should give a welcome boost to global growth

    13 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for the WTO

    Overview

  • What is the next for WTO?

    14 Special Issues in Globalization, WTO Bali 2013

    Overview Bali Package

    Negotiations with India Expected Impact on International Trade

    What is the next for the WTO

    Overview

    Intellectual Property

    Trade and Development

    WTO Rules

    Services NAMA Agriculture

    Trade and Environment

    Trade Facilitation

    Doha Round Issues:

    1. Reduce tariffs n defined environmental products (Trade and Environment) 2. Doha Round should change its approach to Emerging Markets and commensurate with their economic size 3. Elimination of obstacle called misalignment of exchange rates on world trade 4. Trade in Services Agreement (TISA) negotiations

  • Conclusion

    Bali Package includes measures about trade, agriculture and development

    The measures of taking advantage of the newest technologies will allow companies to trade faster and

    with less bureaucracy, thus it will be profitable for poor countries

    The boost of world economy by $1 trillion is expected

    Special Issues in Globalization, WTO Bali 2013

    15

  • Discussion

    In your opinion, what measures should WTO take in order to facilitate the process of future agreement conduction?

    Do you think that all of the WTO`s countries will get the advantages after implementing of all the aspects of Bali package?

    16 Special Issues in Globalization, WTO Bali 2013

  • References Agreement on Trade Facilitation: http://wto.org/english/thewto_e/minist_e/mc9_e/desci36_e.htm

    Public stockholding for food security purposes: http://wto.org/english/thewto_e/minist_e/mc9_e/desci38_e.htm

    WTO agrees global trade deal worth $1tn: http://www.bbc.co.uk/news/business-25274889

    Bali Ministerial Declaration and decisions: http://wto.org/english/thewto_e/minist_e/mc9_e/balipackage_e.htm

    Briefing note: Agriculture negotiations: http://wto.org/english/thewto_e/minist_e/mc9_e/brief_agneg_e.htm#generalser