New trade round crucial for developing world
Publication: Organisation for Economic Cooperation and Development. The OECD Observer
Date: Sunday, July 1 2001
Reaping the Full Benefits of Trade for Development
MODERATOR: LUZIUS WASESCHA, CHAIRMAN OF THE OECD TRADE COMMITTEE, DELEGATE FOR TRADE AGREEMENTS OF THE FEDERAL COUNCIL, AND DIRECTOR GENERAL FOR WORLD TRADE,
JAGDISH BHAGWATI, PROFESSOR, ECONOMICS DEPARTMENT, COLUMBIA UNIVERSITY, UNITED STATES
CELSO LAFER, MINISTER OF STATE FOR FOREIGN AFFAIRS, MINISTRY OF FOREIGN RELATIONS, BRAZIL
PASCAL LAMY, TRADE COMMISSIONER, EUROPEAN COMMISSION
YONGTU LONG, VICE-MINISTER, MINISTRY OF FOREIGN TRADE AND ECONOMIC CO-OPERATION, CHINA
MIKE MOORE, DIRECTOR-GENERAL, WORLD TRADE ORGANIZATION (WTO)
GOVINDASAMY RAJASEKARAN, SECRETARY GENERAL, MALAYSIAN TRADES UNION CONGRESS (MTUC)
HITOSHI TANAKA, DIRECTOR-GENERAL, ECONOMIC AFFAIRS BUREAU, MINISTRY FOR FOREIGN AFFAIRS, JAPAN
All panellists agreed that a new multilateral trade round was essential to ensure continued development and poverty reduction in the world, but several called for bigger efforts from industrialised countries to help in areas such as capacity-building if developing countries were to reap sufficient benefit.
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