Professional Documents
Culture Documents
7
Swati Dalmia Kishan Gupta Deep Kapoor Samata Mundra Rushabh Sanghvi Ashish Maheshwari
Agricultural Issue
3 Areas of Negotiation Domestic Subsidies (Domestic Support) Export Subsidies Tariffs
Issues
Domestic Subsidies (Domestic Support) 1. The developed countries are on the defensive in the agriculture negotiations 2. And asked for concessions from the developing countries to enable them to lower their agricultural subsidies. Export Subsidies 1. The EU takes the route of direct payment of export subsidies 2. US mostly adopts other equivalent measures in the form of export credits, export credit guarantees, insurance programmes etc 3. Subsidized exports put the survival of the farmers of the developing countries at grave risk
Cont.
Tariffs Exceptions to this tariff reduction 1. Sensitive products 2. Special Products 3. Special Safeguard Mechanism (Based on Price Trigger & Import Quantity)
Service Issue
Accounting Services
Air Transport Services Computer-Related Services
Construction Services
Cont.
Financial Services Telecommunication Services
Energy Services
Postal and Courier Services, including Express Delivery
Intellectual property(Trips)
Issues:-
Public Health
Geographical Indications 1. Multilateral System Of Notification And Registration Of Geographical Indications For Wines And Spirits 2. Members debate cigarette plain-packagings impact on trademark rights Traditional Knowledge, Biodiversity Technology Transfer
Developing
Change to S&D provisions Keep proposals Set short deadlines
Developed
Study S&D provisions Send proposals Keep deadlines open
3. Other Development Issues These particular concerns of developing countries, including relating to food security, Rural development, Livelihood, Preferences Commodities Net food imports, As well as prior unilateral liberalisation, should be taken into consideration, as appropriate, in the course of the Agriculture and NAMA negotiations
ISSUES
Cross-cutting Issues To identify those special and differential treatment provisions that are already mandatory in nature To consider the legal and practical implications for developed and developing Members of converting special and differential treatment measures into mandatory provisions To examine additional ways in which special and differential treatment provisions can be made more effective
Cont.
2. Fisheries subsidies. Ministers agreed to clarify and improve WTO rules that apply to fisheries subsidies. The issue of fisheries subsidies has been studied in the Trade and Environment Committee for several years. Some studies demonstrate these subsidies can be environmentally damaging if they lead to too many fishermen chasing too few fish.
MIGA
Miga convention & mission Insured more than $24 billion World bank, IFC and other organization Member countries Eligible clients
Guarantees issued
Currency inconvertibility & transfer restriction Expropriation War, terrorism & civil disturbance Breach of contract Non-honoring of sovereign financial obligations Small investment program For SMES For SMIS
Examples
Project name Guarantee holder Investor country Host country Sector Gross exposure($million) Fiscal year Status Project number Bakhresa Grain Milling (Rwanda) Limited Bakhresa Group Tanzania Rwanda Manufacturing 14.6 2011 Proposed 9714
Befesa Seawater Desalination Project 9286 2012 Proposed -Standard Bank of South Africa -Befesa Water Projects S.L., Spain Spain, South Africa Ghana B Water June 17, 2011 August 18, 2011
Investor Country Host country Environmental Category Sector Date of SPG disclosed Projected Board Date
Gross exposure
Project Type
$ 203 million
Non-SIP