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RI calls for immediate implementation of Bali Package
Indonesia is calling for the immediate implementation of the Bali Package, a trade agreement that came out of the Ninth Ministerial Conference of the World Trade Organization (WTO) in Bali in 2013, as a basis to settle the Doha Round of negotiations that have been deadlocked for around 14 years because of disagreements between developed and developing countries, a minister has said
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ndonesia is calling for the immediate implementation of the Bali Package, a trade agreement that came out of the Ninth Ministerial Conference of the World Trade Organization (WTO) in Bali in 2013, as a basis to settle the Doha Round of negotiations that have been deadlocked for around 14 years because of disagreements between developed and developing countries, a minister has said.
'There is no need to be in a great hurry to lower our expectations. We are still trying to complete the Doha Round of negotiations by December 2015,' Trade Minister Rachmat Gobel said as quoted by Antara news agency after attending an informal ministerial meeting of the WTO in Davos, Switzerland, on Saturday.
WTO director general Roberto Azevedo and 26 ministers from key countries, such as Brazil, India, Russia, South Africa and the US, as well as several European countries, attended the meeting.
Rachmat said that during the meeting there was a sense that a number of countries wanted to settle the Doha Round of negotiations during the Tenth Ministerial Conference in Nairobi, Kenya, in December.
On the other side, he further said, there was also a sense that some countries wanted to focus their attention more on the formulation of the post-Bali working program.
'We have reminded all parties not to forget about the Bali Package. All of its elements must be implemented so that the trust of countries toward this trade agreement can be continuously maintained,' said Rachmat.
The minister said the Bali Package was the most exceptionally beneficial solution for both developed and developing countries after the Doha Round of negotiations started being deadlocked in 2001.
Three trade agreements concluded in the Bali Package were on trade, agriculture and the facilitation of least-developed countries (LDCs).
The Indonesian Ambassador to the WTO, Imam Pambagio, said one of reasons why Indonesia insisted on calling for the implementation of the Bali Package was because after the Doha Round had become deadlocked for years, a new trust emerged during the 2013 Ministerial Conference in Bali that a global trade system promoted by the WTO could be continued. (ebf)
