Saturday, March 24, 2007

Lamy calls for “full speed” negotiations


Director-General Pascal Lamy, in a speech at an international seminar in New Delhi on 12 March 2007, said “time is not on our side ... the multilateral process of negotiations must therefore kick-in at full speed”. He underlined the development potential of the Doha Round in agriculture, industrial goods, services and other areas of the negotiations. This is what he said:

“Saving Doha and delivering on development”
International Seminar, New Delhi

Ladies and Gentlemen,

It is a pleasure to join you all today to share views on how to save the Doha Round and deliver on development. As many of you are aware, the Doha Round journey has never been smooth or easy. In Doha, we celebrated joyful moments, when the Round was launched; we experienced the difficult moments at Cancun, Mexico in 2003, when many feared that the multilateral trading system had lost its sense of direction. In July 2004, after many sleepless nights, Members agreed on the July Framework and in Hong Kong the following year, a ray of hope again appeared in front of us. Last July we had to face up to the “suspension” and again the negotiations were thrown to the bottom of the valley. Fortunately, Members still have not lost confidence and now we are back into full negotiation mode again.

See full Transcript.