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WTO requested to persuade developed countries to open up to LDCs |
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January 31, 2001
Dhaka-- (UNB) – Commerce Minister M Abdul Jalil has requested the WTO chief to persuade the USA, Japan, Canada, Australia and other developed countries in opening up their markets for the goods exported by LDCs. While meeting Mike Moore, the director general of World Trade Organisation (WTO), in Geneva on Monday the minister also called for urgent measures to halt continued marginalisation of the LDCs in the world trade. He sought the WTO chief’s personal initiative for reversal of the marginalisation process and prompt implementation of the decisions and recommendations emerged in the ongoing seminar on LDCs, according to a message received here yesterday. The Bangladesh minister discussed with Mike Moore matters relating to WTO, particularly the problems and prospects of Least Developed Countries (LDCs), and thanked him for his personal attention towards the problems. Jalil appreciated the WTO for convening the seminar on mainstreaming trade in the policy options of LDCs and laid importance of ensuring access for all LDC goods to the markets of developed and advanced developing countries. Welcoming the recent initiatives which was announced by EU regarding duty and quota-free access to LDC’s products, the Minister expected that the proposals could be put into effect before the third LDC conference in May 2001. The Minister drew the DG’s attention to the unilateral trade preferences granted by the US authorities to the Caribbean and Sub-Saharan countries through the Trade and Development Act (TDA) 2000. He sought the WTO chief’s personal intervention with the US authorities so that all the LDC’s -- irrespective of their geographical location – be brought under the coverage of TDA. |