Tofail meets WTO DG, Unctad chief; discusses trade issues

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UNB, Dhaka :
Commerce Minister Tofail Ahmed has met Director General of World Trade Organization (WTO) Roberto Azevedo and discussed the outcome of a high-level meeting on service and progress in developing work programme for Doha Development Agenda.
The Commerce Minister thanked the DG for taking the initiative to convene high-profile meeting of the council for trade in services to enable the WTO members to indicate the sectors and modes of services where they intend to provide preferential treatment to LDCs, according to a message received here on Saturday.
He expressed his satisfaction over the positive response to a number of WTO members to the LDCs’ collective request.
Tofail requested DG to monitor the notification process so that the LDC service waiver is operationalised as outlined in the Bali Ministerial Decision.
He also mentioned that the meeting has raised the confidence among the LDCs about the possible operationalisation of the waiver decision.
The Commerce Minister assured the DG that Bangladesh will remain engaged with WTO membership to finalise the work programme by July 2015 and emphasised that Bali package on LDC, including a timeline for the implementation of the Duty Free Quota Free market access decision should get proper reflection in the work programme.
He hoped that the WTO membership will overcome the current stalemate in the negotiations and conclude the Doha round.
The WTO Director General assured that he will pay maximum attention towards implementation of the decision on LDC issues adopted in the Bali Ministerial.
The Commerce Minister also had a meeting with Secretary General of Unctad Dr Mukhisa Kituyi.
Welcoming the minister, the Unctad Secretary General highlighted some of their activities taken place in Bangladesh. He mentioned that Unctad will also provide technical support for the development of pharmaceutical industry.
Tofail also met Trade, Industry and Cooperatives Minister of Uganda Amelia Anne Kyambadde.
During the meeting, the ministers shared their views about the outcome of high-level meeting on service and expressed their satisfaction for the positive outcome of the meeting.
The Commerce Minister emphasized that LDCs should work together to get benefit from the member countries.
The ministers also agreed to work collectively for the extension of TRIPS Waiver in Pharmaceutical, which will expire on December, 31, 2015.
Minister of Uganda informed that LDCs will work together for the extension of TRIPS waiver for the Pharmaceutical products. During the meeting, the Ugandan Minister also acknowledged the progress made by Bangladesh in all areas under the dynamic leadership of the Bangladesh Prime Minister.
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