IBSA and Chinese Ministers Discusses Doha Round

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..... IBSA and Chinese Ministers Discusses Doha Round - News and Press Release Dated:- 28-1-2011 - News - The Ministers in charge of trade negotiations for Brazil (Mr. Antonio Patriota), China (Mr. Chen Deming), India (Shri Anand Sharma), and South Africa (Mr. Rob Davies) met today in Davos (Switzerland), at the margins of the 41st Meeting of the World Economic Forum. The Ministers seized the op .....

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..... portunity to exchange views about the current efforts to conclude the Doha Round. They recalled the political message issued by their leaders during the G-20 Seoul Summit and reiterated their commitment to the negotiations. The Ministers recognised that, although the July 2008 negotiating package embodies a careful balance of concessions strenuously negotiated since the launching of the Round in 2 .....

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..... 001, it should be improved to strengthen its development dimension. In particular, the Ministers noted that, under the existing draft modalities, developing countries would be required to offer a level of contribution without precedent by any Member in any of the previous negotiating rounds. The ministers also agreed that such contributions are not being reciprocated by developed countries, so .....

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..... me of whom still seek further exceptions and flexibilities to continue with their existing trade barriers and trade distorting policies, adversely affecting the developing countries interests. The Ministers believe that any effort to finalize the Round cannot ignore past trade-offs nor require new disproportionate and unilateral concessions from developing countries, ignoring the existing man .....

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..... date. In this context, the Ministers cautioned against demands that clearly change the nature and scope of negotiations, jeopardising the present efforts to conclude the Doha Development Round. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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