Rather than keep talking about coming to an agreement with the third world, the Europe and the US need to come to an agreement as to how much and when they plan to open their markets. That is what is required from them.
Onésimo Alvarez-Moro
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The World Trade Organisation's Doha round of trade negotiations is billed as a development round, reflecting the fact that developing countries were reluctant to start another one unless structural imbalances in trade were addressed as a priority. Part of the development agenda is acceptance of the need for special and differential treatment for developing countries, and especially for least developed countries, or LDCs, which make up more than 20 per cent of the WTO's membership.
Ever since the establishment of the WTO in 1995 there have been calls for developed countries to provide the LDCs with duty-free, quota-free market access for products they produce and export. The logic is that, by providing such access, developed countries would be assisting them to improve their economic performance and so raise millions out of poverty. This is considered a win-win situation because, as populations in the least developed countries became richer, they would consume more goods and services provided by the rest of the world, resulting in global economic growth.
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