The session featured EU Trade
Commissioner Peter Mandelson. The Commissioner has recently come under
fire from accusations from France that he has conceded to cut too much
off agricultural subsidies. He stresses that development dimensions of
the Doha Development Agenda include:
- More countries should pass initiatives like the "Everything But
Arms" initiative of his predecessor Pascal Lamy, now Sec.Gen of the WTO
- More countries should pass initiatives like the EU's recent
solution to the cotton problem
- Intellectual Property (IP) conditions for emergency drugs
- Gleneagles Summit
In the afternoon Carlos Primo Braga from the World Bank reported that
full merchandise liberalization would bring $ 280 billion per year by
2015 , 60 % of which wuld be from agriculture.
Negotiators are working against a deadline of mid-2007 when the US
executive branch will lose its Trade Promotion Authority (TPA), which
has thus far at least theoretically enabled it to get deals through
Congress more easily.