The
world business community has expressed strong
support for a new round of multilateral trade
negotiations under the aegis of the International
Chamber of Commerce (ICC). The new "development
round" will benefit the global economy
by opening up markets, reducing tariffs, and
eliminating protectionist measures.
"We
want to see developing countries be able to have access
to closed markets in developed worlds," said Bryce
Corbett, ICC Director of Communications. Corbett said
the ICC would like to see a reduction in subsidies
in the developed world, "because there is no way
that developing countries are able to play their strengths
with their exports because they are strained by such
subsidies."
This analysis is derived from an extensive poll,
conducted jointly by the ICC and the Munich-based
Ifo Institute for Economic Research, that polled
more than 520 business executives and economists
from 77 countries. The results of the study identified
the two biggest threats to the multilateral trading
syste: a world economic slowdown and the failure
of politicians and opinion leaders to understand
the benefits stemming from multilateral trade liberalization.
"The results reinforced what companies have
been telling us for a long time, namely that it
is extremely important that there is a new round
in Doha," said Corbett.
It is pretty much
well recognized that the biggest stumbling blocks
at Doha are going to be issues
like the TRIPS agreement and getting the European
Union and Japan to move on agriculture. But Corbett
said that the ICC has been working closely with
the WTO and has "a low level confidence that
the document that they produced to start negotiating
with is sufficient enough to build on."
The study has been
well received by delegates at the 4th Ministerial
Conference. Corbett said
that many delegates are even using the poll in
their intergovernmental negotiations. "They
are taking the poll and saying 'look, this is what
the business community is telling us they want,
and this is why we think it is really important
that a new round takes place,'" he said.
While the ICC is
not that well represented here in Doha, with
only a few members present, their
influence was strong during the negotiation process
in Geneva. The ICC is one of a few organizations
that has high level consultancy status with the
WTO. What this boils down to is that "WTO
ambassadors, particularly the ones in Geneva will
meet with ICC representatives periodically during
the time that they are preparing for the WTO meeting
to gauge what it is that businesses from all around
the world consider to be important," said
Corbett. So essentially Doha is for the ministers
and the governments, and much of the lobbying was
done beforehand.
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