ID :
92679
Wed, 12/02/2009 - 09:37
Auther :

TRADE MINISTER CALLS ON WTO MEMBERS TO FINISH DOHA NEGOTIATIONS

Geneva, Nov 30 (ANTARA) - Indonesian Minister of Trade Mari Elka Pangestu called on WTO member countries to take immediate action in meeting their political commitment to finish the Doha round negotiations next year.

"Let us change our political commitment into action to complete the negotiations in 2010. Everything can be done to smoothen the negotiations provided the talks are stepped up to multilateral level," the trade minister said when addressing the 7th general assembly of the WTO ministerial conference in Geneva Monday afternoon.

She also called on all sides not to easily give up in finishing the global trade system negotiations believed to have the potential to prevent the development of protectionism.

"The change in the global economic map needs to be responded to immediately. The failure in past negotiations is the main problem WTO has to face, but we need to stick to the multilateral trade system," she said.

She said that WTO previously known as GATT, had managed to create stable environment in multilateral trade on the basis of a common ruling.

"That could boost economic growth and open up employment opportunities," she said.

On the occasion, she renewed Indonesian`s commitment to reinforce the global trade system by way of completing the Doha round negotiations in 2010. The Indonesian commitment is in line with a commitment declared by the groups of developed countries G-20, G-33 and G-110.

"We wish for an early completion of the Doha negotiations while still prioritizing development issues. We must not give up in completing the negotiations in 2010," she pointed out.

Earlier, WTO Director General Pascal Lamy called on all WTO members to unite and act to complete the Doha round negotiations.

"Confirming a commitment by political leaders alone is not enough. We need concrete and practical action to bridge the existing differences," he said.

Lamy also reminded that the WTO trading system could serve as a basis for economic restoration following the global crisis. "Revitalizing trade and keeping market opportunities open is very vital for the progress of all the member countries, especially the poorer ones," he said.

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