Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-24-Speech-4-155"
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"en.20080424.18.4-155"2
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"The purpose for which the World Trade Organisation was created was to bring about free and multilateral trade. It was recognized that an open market based on friendly and honest attitudes was the key to stable economic growth and reducing world poverty.
However, for many people, the WTO is still something of a puzzle. This is due to the lack of transparency in its activities and inappropriate information being made public. The present reduced G4 and G6 working groups are often seen as meetings of the representatives of large countries that are imposing, or that want to impose, their own ideas on other members.
Another problem is the lack of technical and legal assistance from the WTO for less developed countries that do not gain any economic benefits from increased market liberalisation.
Countries such as India, China or Brazil are treated as developing countries, as a result of which they can benefit from more advantageous conditions and various bonds. I believe this to be a mistake in WTO policy. The WTO does not take into account the massive potential of these countries and their resources. The countries take advantage of this fact and often use price dumping in trade relations, which is harmful to other countries. There should be a clearer division of developing countries that takes into account factors such as economic strength, economic development, GDP growth and growth in exports."@en1
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