Nepal Seeks Flexibility To Conclude DDA

Nepal Seeks Flexibility To Conclude DDA

Dec. 14, 2013, 5:45 p.m. Published in Magazine Issue: Vol: 07 No. -12 Dec. 13- 2013 (Mangsir 28, 2070)

Minister for Commerce and Supplies (MoCS) Shankar Prasad Koirala has urged major players of global trade to display the necessary flexibility to conclude the Doha Development Agenda (DDA) at the earliest.

Speaking at the ninth Ministerial Conference of WTO in Bali in Nepal´s capacity as the Coordinator of the Least Developed Countries (LDCs) Group in WTO, Koirala also conveyed the firm belief of LDCs in multi-lateral trading system.

He also stressed that the key challenge was to make the global trading system fully responsive to the needs and aspirations of majority of the people around the globe, particularly in LDCs.

He pointed out the need for effective and scaled up support to LDCs through Aid for Trade initiative and Enhanced Integrated Framework (EIF) in order to increase LDCs capacity to produce and trade.

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