The World Trade Organization: The Non-Agricultural Market Access (Nama) Negotiations

ISBN: 1288670702

Author: Fergusson, Ian F

Condition: New

Talks on Non-Agricultural Market Access (NAMA) in the World Trade Organization's (WTO) Doha Round refer to the cutting of tariff and non-tariff barriers (NTB) on industrial and primary products, basically all trade in goods which are not foodstuffs. The Doha Round was suspended for an indefinite period of time in July 2006 due to differences in the agriculture negotiations. While the agriculture negotiations have received greater scrutiny in the Doha round, trade of industrial and primary products, the subject of the NAMA negotiations, continue to make up the bulk of world trade. Average tariffs in developed countries have declined from 40% at the end of World War II to 6% today through successive rounds of General Agreement on Tariffs and Trade (GATT)/WTO trade negotiations. Developed countries seek the reduction of continuing high tariffs in the developing world, particularly from such countries as Brazil, India, and China. Developing countries seek special and differential treatment and tie their cuts in industrial tariffs to reductions in agricultural tariffs and subsidies.