Bangladesh Stakes in Current WTO Negotiation

4 Pages Posted: 1 Apr 2009

Date Written: March 31, 2009

Abstract

The World Trade Organization (WTO, 1995) is carrying out a very difficult task from its day one of operation. It works to reduce Tariff & Non-tariff barriers to promote international trade. It negotiates with the member countries in multilateral level to facilitate trade & investment globally, works to mitigate international disputes, and also works as a platform to promote technical & trade related aid towards the LDCs.

Currently world is going through a very dangerous financial crisis, during & post financial crisis period protectionism may grow again. If so then WTO will have to face a comparatively tougher situation. After all we hope that, WTO will never loss its momentum, its will prove its necessity and work to facilitate globalization in a balanced way. As we all know that, Bangladesh is till now a Least Developed Country (LDC). But it has many important task to do to promote our export and raise our foreign currency reserve so that our economy can go forward up to a developed country.

As we know that, currently three negotiations are ongoing in the WTO negotiation table these are - a. Non-Agricultural Products Market Access (NAMA) b. Agriculture, and c. Service At the same time following working groups are working parallel, a. Trade Facilitation b. TRIPs and Technical Barriers to Trade c. Trade Related Technical Assistance d. Trade and Environment

Keywords: WTO and Bangladesh

JEL Classification: Md. Joynal Abdin

Suggested Citation

Abdin, Md. Joynal, Bangladesh Stakes in Current WTO Negotiation (March 31, 2009). Available at SSRN: https://ssrn.com/abstract=1370962 or http://dx.doi.org/10.2139/ssrn.1370962

Md. Joynal Abdin (Contact Author)

DCCI Business Institute (DBI) ( email )

DCCI Building (11th Floor), 65-66 Motijheel C/A
Dhaka, 1000
Bangladesh

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