Page 4 - Doha Round News Today

Developed countries can assist development by encouraging good policy and opening their markets to developing country products, but success in development ultimately depends on developingcountries' adopting and implementing policies that promote economicfreedom, good governance, and the rule of law, which are the key toeconomic growth and development with or without foreign assistance.

Renewing the President's trade promotion authority to facilitate the completion of bilateral free trade agreements, reforming and reducing the scope of the farm bill to promote a successfulconclusion to the WTO Doha Development Round, and guarding againstpopulist, protectionist trade policy changes would go far towardexpanding economic opportunity in the U.S. and around the world.

The United States must make a meaningful offer to cut agricultural protection if Doha is to progress.

The U.S. should support all measures that would promote growth and employment by increasing economic freedom.

As 2022 winds down, it is worth noting that it has now been 10 years since the United States entered into a free trade agreement (FTA) with new trading partners. Despite claims that the United States is a “hyperglobalist,” the reality is much different. In fact, as Adam Posen of the Peterson Institute for international economics noted in his excellent Foreign Affairs essay last year, the United States has been withdrawing from international economic integration for about 20 years. The conseq...

Something’s amiss with the world’s economy. And it goes way beyond stock-market woes in China and elsewhere. Economists point to debt and low economic growth as the culprits, but this explanation only touches the surface. To turn around the world’s economy, we’ll need to understand the deeper problems.

These five actions are the right first step in dumping the Obama Doctrine in favor of a doctrine that makes more sense for America.

The U.S. needs a weighty, strategic-minded approach to Brazil that spans a spectrum of trade, energy, aerospace, and security possibilities.

President Obama should press Indian Prime Minister Narendra Modi to abandon India’s obstructionist position.

At the September 10-14 World Trade Organization meeting in Cancun,U.S. Trade Representative Robert Zoellick should work to ensurethat the final version of the agreed framework is as close to hisoriginal July 2002 proposal as possible and push WTO members,particularly the European Union, to reduce subsidies and tariffsand improve market access. In short, he should pressure Europe tooffer real agricultural reform.