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DSU
REVIEW NEGOTIATIONS PROCEED, SLOWLY
In meetings
of the special session of the WTO Dispute Settlement Body (DSB)
on 17 and 18 of February, Members carried on with the negotiations
on the review of the Dispute Settlement Understanding (DSU), progressing
on an article-by article basis. As in the two previous meetings
of the DSB special session, the work was based on the Compilation
of Draft Text Proposals (JOB (03)/10) prepared by the Secretariat
(see BRIDGES Weekly, 6
February 2003). Members are currently reviewing the DSU, with a
31 May 2003 deadline (Doha Declaration paragraph 30).
Ahead of the
meeting, the EU signalled its willingness to support an 'early harvest'
of some of the less contentious issues in the slow negotiations.
Speaking at the recently concluded mini-ministerial meeting in Tokyo,
the European Union Trade Commissioner Pascal Lamy was quoted as
saying that "the EU would be willing to agree to a small package
of changes to the Dispute Settlement Understanding in time for the
May deadline to conclude negotiations if there were procedures in
place for reaching a broader deal later". The idea of achieving
some minimal success by the May deadline has been on the lips of
several delegations since last year, particularly in view of the
divisive nature of some of the issues on the table and the close
deadline, hence the EU's signal should be seen in this light.
ICTSD Reporting;
"Lamy Proposes Small DSU Package by May as WTO Negotiations
Lag", INSIDE US TRADE, 21 February 2003.
NGO
REGISTRATION FOR CANCUN MINISTERIAL NOW OPEN
On 24 February,
the procedures for the registration of non-governmental organisations
(NGOs) to attend the fifth WTO Ministerial Conference in Cancun,
Mexico, from 10 to 14 September 2003 were posted to the WTO website.
As previously referenced in BRIDGES
Weekly, 12 February 2003, requests for registration should be
sent by 30 April, and registration forms will be sent by 31 May
to all NGOs that fulfil the registration criteria.
The procedures
can be found at the WTO website by going to the following link:
http://www.wto.org/english/thewto_e/minist_e/min03_e/ngo_acc_e.htm.
TRADE
AND COMPETITION GROUP CONSIDERS MULTILATERAL FRAMEWORK
During a 20-21
February meeting of the WTO Working Group on Interaction between
Trade and Competition Policy, Members considered a new study on
issues relating to a possible multilateral framework on competition
policy. The study, produced by the World Trade Institute, provides
an overview of current literature on competition policy, case studies,
and summaries of proposals tabled so far in the Working Group, and
is expected to serve as the basis for future discussions. During
the meeting, Korea submitted a paper on "Hardcore Cartels and
Voluntary Cooperation: Conceptual and Practical Enforcement Issues".
Korea stressed the need to deal with hardcore cartels in a multilateral
manner, and suggested the establishment of a WTO Competition Policy
Committee serving as a forum for information exchange. Members discussed,
without agreeing, on the role of competition policy in the WTO,
with the EU noting agreement only as regards hard-core cartels.
Canada underscored concerns with a competition framework under WTO
dispute settlement, and expressed preference for peer review and
non-binding procedures. Also at the meeting, Hong Kong (China) presented
a paper outlining developing country concerns related to the work
of the group, and the EU submitted a report on its technical assistance
programmes and projects on competition policy. The next meeting
is scheduled for 26-27 May this year.
ICTSD Reporting.
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