The Doha Round is the latest round of trade negotiations among WTO members. Its aim is to achieve major reform of the international trading system through the introduction of lower trade barriers and other trade measures. Its work program covers about 20 areas of trade. The round is also known as the Doha Development Agenda as a fundamental objective is to improve the trading prospects of developing countries.
The round was officially launched at the WTO's Fourth Ministerial Conference in Doha, Qatar, in November 2001. The Doha Ministerial Declaration provided the mandate for the negotiations, which covered topics such as agriculture, services and intellectual property.
(Source: www.wto.org) |