ICC, in partnership with Qatar Chamber of Commerce and Industry, launched the ICC World Trade Agenda (WTA) to address the stalemate in multilateral trade negotiations under the World Trade Organization's (WTO) Doha Round.
Completing the Doha Round
In December of 2011, after more than 10 years of stalemate in trade
negotiations, WTO ministers acknowledged that progress could not to be expected
on all items of the Doha Development Agenda at the same time, and committed to
advancing negotiations where progress was deemed possible.
In support of this new
approach, ICC launched its World Trade Agenda initiative, tapping into business
expertise worldwide to come up with priority areas for agreement at the Bali
Ministerial of 2013.
What ICC is doing
Given the state of international trade discussions today, ICC must do more to communicate the benefits of
global trade. Our message has to be that trade generates growth and growth
generates jobs. The ICC global network has been taking
forward these messages in their discussions with government decision-makers.
We ask you to join us
in conveying the benefits of trade to your respective governments and in
contributing to public debate on the benefits of the WTO rules-based
How to move forward
ICC strongly believes that it is paramount to
strengthen the capacity of the WTO to conclude and implement multilateral trade
agreements for the benefit of all WTO members, and that WTO members should give
serious consideration to alternative approaches to achieve this fundamental
ICC will continue to work with governments to identify and prioritize areas where WTO Members can acheive results.
ICC WORLD TRADE AGENDA - Post-Bali Business Priorities
The statement urges trading countries to act on the following priorities:
1. Continue to liberalize trade in goods and services worldwide. The overarching goal should be the elimination of tariffs and non-tariff barriers to world trade.
2. Accelerate multilateral trade liberalization within the WTO by the early conclusion of ongoing global negotiations through a balanced and satisfactory outcome on the critical issues of agriculture, non-agricultural market access, and services.
3. Move forward with positive regional efforts worldwide to reduce barriers to trade and investment, and ensure that those efforts complement and reinforce the multilateral trading system.
4. Expand the product coverage of the WTO Information Technology Agreement, continue to refrain from taxing electronic commerce, develop better disciplines on export restrictions and state-owned enterprises, and reach an early conclusion in the newly announced WTO negotiations to reduce and eliminate tariffs on green goods.
5. Improve the protection and promotion of investment worldwide through bilateral and other international agreements, while laying the groundwork for more global investment protection and promotion through a high-standard multilateral framework on investment.