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MPs call for rounding off Doha Round

12 Dec,2017

 

Dhaka, BdChronicle:

An international gathering of MPs has called for renewed momentum to conclude international trade negotiations that foster sustainable development, known as the Doha Development Round.

The parliamentarians urged all WTO members to show flexibility and the willingness to compromise in order to conclude this trade round that has already lasted too long.

Over 500 participants, including some 220 MPs from 56 countries, attended the Parliamentary Conference on the WTO from December 9 to 10 in Buenos Aires, which preceded the 11th WTO Ministerial Conference.

The MPs interacted with the WTO Director-General and the chief WTO negotiators, and called for renewed energy and stronger political commitment for fair and inclusive trade, with expanded benefits for micro, small and medium–sized enterprises and for women and other vulnerable groups.

The Parliamentary Conference on the WTO, co-chaired by the Inter-Parliamentary Union (IPU) and the European Parliament, brought together parliamentarians who, as members of standing and select committees in their respective parliaments, specialize in international trade and finance.

During this year’s meeting, MPs sought to give a strong boost to multilateralism, which represents the best solution to promote the international trading system, according to a message UNB received from Geneva on Tuesday.


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