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The Doha Round negotiations on non-agricultural market access (NAMA) cover industrial goods and fish and fish products and seek to reduce barriers to trade in these products.
In the Doha Ministerial Declaration, WTO Members agreed “to negotiations which shall aim to reduce or as appropriate eliminate tariffs, including the reduction or elimination of tariff peaks, high tariffs, and tariff escalation, as well as non-tariff barriers, in particular on products of export interest to developing countries.”
In the NAMA negotiations, the United States is seeking significant new competitive opportunities for U.S. businesses through cuts in applied tariff rates and the reduction of non-tariff barriers.
The outcome of these negotiations is crucial for trade in industrial goods, which accounts for over 75 percent of total global trade in goods and more than 90 percent of total U.S. goods exports.
In 2008, U.S. exports of industrial goods grew to an annualized $1.2 trillion (based on data from January to September) – more than nine times the level of U.S. agricultural exports. This figure is up 16 percent from 2007 and up 166 percent from 1994.