12th September, 2003
Ministry of Commerce & Industry  


MEDIA STATEMENT BY A GROUP OF DEVELOPING COUNTRIES ON SINGAPORE ISSUES


Ministers and representatives from 16 developing countries namely, Bangladesh (on behalf of the Group of Least Developed Countries), Botswana, China, Cuba, Egypt, India, Indonesia, Jamaica (on behalf of the Caribbean Community), Kenya, Malaysia, Nigeria, the Philippines, Tanzania, Venezuela, Zambia and Zimbabwe met on 10 September, 2003 to discuss the Singapore issues viz., relationship between trade and investment, interaction between trade and competition policy, transparency in government procurement and trade facilitation.

They expressed concerns about the impact of multilateral rules on these Singapore issues on their domestic policies and were yet to fully comprehend the implications of having WTO rules on these issues. The issues are technical and complex and some of them are quite unrelated to trade.

Many developing countries do not have the capacity to implement obligations arising out of commitments such multilateral rules will entail, and there were also doubts on the benefits of WTO frameworks on the new issues.

As such, there is no explicit consensus on the commencement of negotiations on modalities.

They agreed to transmit these views to the facilitator for the new issues, together with a proposed language for the continuation of the clarification process to be incorporated in to the final text emanating from the fifth Ministerial.