“From our early analysis, we are disappointed with the new EU
proposal. While in some ways it is
a step in the right direction and we acknowledge the EC’s efforts, much more
needs to be done. First, the
proposed tariff reductions are lower than proposals from the G-20 developing
countries and far lower than the U.S.
proposal. As concerning, the large
number of exceptions for so-called sensitive products apparently has not changed
from earlier EU proposals, and another element – the ‘pivot’ – actually walks
back from their last proposal. Both
of these elements would allow substantial loopholes to the relatively lower
tariff cuts the EU has offered.
If the final
Doha agreement on agriculture were
to go no further than this, other areas would also be weak and the Doha Round
would not approach its potential for promoting development, opportunity and
global economic growth.”
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