After 10 years of negotiations, the Doha Round of Multilateral Trade Negotiations (MTN) has been virtually abandoned. While Robert Zoellick (USTR) and Pascal Lamy (EU Trade Commissioner) did not hesitate to point the finger unjustifiably at the G- 22 group of developing countries when Doha negotiations failed at Cancun in 2003, there has been reluctance to point the finger at the culprit, the United States whose intransigent demands killed Doha : you do not bark at a Rottweiler!
The near-death of Doha is not the only damage that the United States has done to the world trading system and the WTO - the nature of the damage will be discussed in the Lecture - but the United States has compounded the damage by backing instead the Trans-Pacific Partnership (TPP). This discriminatory Preferential Trade Agreement, by building into itself numerous (some still secretive) US-lobbies-fed demands for numerous extraneous trade-unrelated concessions, has made it impossible for Asian countries like India and China to join the TPP, thus threatening to divide Asia into two blocs, just as a similar policy in South America has already divided that Continent into the proposed Brazil-led FTAA bloc and the Andean Group bloc built along the alternative lines of NAFTA.
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Prof. Jagdish Bhagwati, Senior Fellow for International Economics, Council on Foreign Relations (CFR); University Professor, Columbia University
- Friday, 06 July 2012
- 12.15 p.m. - 1.30 p.m.
Lecture Theatre, Level 3, Block B, Faculty of Law,
NUS Bukit Timah Campus
469G Bukit Timah Road
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