Exempt LDCs
from WTO farm deal
Discussion on Cancun meet suggests
Star Business Report
As the 5th WTO ministerial meeting begins in Cancun
on Wednesday, speakers at a discussion in Dhaka
yesterday said the least developed countries (LDCs)
should be exempted from the compliance of farm
agreement in the world trade body.
The speakers also said labour issue of the LDCs
should not be discussed in the WTO meeting, as ILO
(International Labour Organisation) is enough to do
the job.
They were speaking at the meeting on 'Cancun
Ministerial Meeting of WTO and Bangladesh', jointly
organised by the Media Initiative for Fair Trade (MIFT)
and INCIDIN Bangladesh at the National Press Club.
INCIDIN Bangladesh Executive Director Masud Ali said
the LDCs should be kept out of the farm deal as the
developed nations are not going to stop subsidies in
their agriculture.
WTO is not an organisation to protect the interests
of the LDCs, said Bangladesh Chamber of Industries
President AK Azad.
"Through capacity building, bilateral deals and
regional co-operations, the LDCs can protect their
interest," he said.
He also urged the government to amend the Labour Act
of 1959.
Bangladesh Garment Manufacturers and Exporters
Association (BGMEA) President Quazi Moniruzzaman
said labour issue should not be discussed in the WTO
meeting.
MIFT President Jamal Uddin chaired the meeting,
which also attended by Farid Hasan Ahmed of Oxfam
and Zillul Hai Razi of European Commission,
Bangladesh.
Federation of Bangladesh Chambers of Commerce and
Industry (FBCCI) Director Akhtaruzzaman Manju
presented an advocacy paper prepared to submit to
Commerce Minister Amir Khosru Mahmud Chowdhury who
will lead a 17-member Bangladesh delegation to the
Cancun meet and act as coordinator of 49 LDCs.
"If the LDCs do not have duty and quota free access
simultaneously, the developed countries may still
protect their markets from the LDCs exports," the
paper said.
The LDCs should have rights to protect their markets
from the anti-dumping and countervailing measures,
it mentioned.
There should be abolition of agricultural subsidies
of the developed countries that restrict the
competitiveness of LDCs agro-products both
nationally and internationally, said the paper,
adding until the complete abolition, LDCs should
receive compensation. |