G8 Gleneagles Trade: Statament

Sectors : International trade: market access, subsidies and aid for trade
Date made: 
2005

Commitments

Commitments in: Trade - International trade: market access, subsidies and aid for trade

“1…We pledge ourselves to work to further increase momentum towards our goal of an ambitious and balanced outcome in the negotiations, our highest common priority in trade policy for the year ahead. We call on all WTO Members to work with greater urgency to bring these negotiations to conclusion by the end of 2006.”

2. …We are committed to improving the participation of developing countries and to supporting increased trade, including south-south trade, and regional integration which is crucial to catalysing economic growth and raising incomes in developing countries…

… We recognise that, in particular, least developed countries face specific problems in integrating into the international trading system and will continue to work to ensure that there is appropriate flexibility in the DDA negotiations...”

Scope: 
International

Commitments in: Other

“3. … In agriculture, we are committed to substantially reducing trade-distorting domestic support and substantially improving market access. We are also committed to eliminating all forms of export subsidies and establishing disciplines on all export measures with equivalent effect by a credible end date…we also reiterate our commitment to the objective of duty-free and quota-free market access for products originating from LDCs…”

Scope: 
International