WTO DOHA DEVELOPMENT ROUND – TEXTILES AND CLOTHING – HONG KONG SUMMIT

BY KEITH NUTHALL THE LATEST and probably last draft communiqué for next week's World Trade Organisation (WTO) summit in Hong Kong (Dec 13-18) includes the hopeful goal of setting overall targets for liberalising cotton production subsidies worldwide. This has long been the determined ambition of west African states, who want developed world producers, especially the United States, to stop subsidising their cotton industries, payments that depress world prices, impeding exports from low-wage developing countries. Given that the WTO summit is supposed to further ...


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