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To: frankw1900 who wrote (3516)11/14/2001 6:47:29 PM
From: ElsewhereRespond to of 24758
 
<Less free trade and prosperity wouldn't be good for the $.>

I am also in favor of free trade, and it doesn't take much courage to state that on this thread. A lot of tariffs and subsidies are still distorting markets. Just one blatant example:

<Northern governments have increased agricultural subsidies, instead of cutting them, to US$350bn a year.>

Source: <Eight broken promises: Why the WTO isn't working for the world's poor>
oxfam.org

Maybe the WTO can really bring about positive long-term developments. But the emphasis is on looong-term. I have just downloaded the official Ministerial Declaration (10 pages, 35 KB) summarizing the Doha results. Here's the paragraph about future WTO plans:

<WORK PROGRAMME
IMPLEMENTATION-RELATED ISSUES AND CONCERNS

12. We attach the utmost importance to the implementation-related issues and concerns raised by Members and are determined to find appropriate solutions to them. In this connection, and having regard to the General Council Decisions of 3 May and 15 December 2000, we further adopt the Decision on Implementation-Related Issues and Concerns in document WT/MIN(01)/W/10 to address a number of implementation problems faced by Members. We agree that negotiations on outstanding implementation issues shall be an integral part of the Work Programme we are establishing, and that agreements reached at an early stage in these negotiations shall be treated in accordance with the provisions of paragraph 47 below. In this regard, we shall proceed as follows: (a) where we provide a specific negotiating mandate in this Declaration, the relevant implementation issues shall be addressed under that mandate; (b) the other outstanding implementation issues shall be addressed as a matter of priority by the relevant WTO bodies, which shall report to the Trade Negotiations Committee, established under paragraph 46 below, by the end of 2002 for appropriate action.
>
www-chil.wto-ministerial.org

If you read this paragraph - do you feel any urge to buy or sell $? I don't.