Worries about the Doha Round

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Written by:

Valerie F


Date added:

August 27, 2013








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1 / 243


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Quotas limit the amount of products the US and EU except from developing countries. Other issues with this are that they normally have a surplus and "dump" their excess into developing countries. The EU sought to take a step in starting negotiations, but lots of opposition from developing countries made them back away...
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In 2005, the US offered a 50 percent reduction on tariffs for farm products and the EU followed with 44 percent reduction. Even then, the developing countries were not impressed and wanted at least 54 percent. This is the main problem with the Doha round, is reaching a happy medium between all of the countries, no one is ever satisfied...
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