@sdonnan WTO? Even Mega-Regs confirm relevance of the rules, standards that they extend by reference. Danger is compliance may deteriorate.
@sdonnan Not so much: nothing changes. (Bugger!) Still #TFA was under-powered. Single undertaking is dead. Good! Been a problem all along.
@tgemiles @alanbeattie @SimonEvenett Must be his hat talking.
@alanbeattie Well, half fortunate, anyway. “Explicit consensus” (India’s obscure price for the consensus) was the reef that wrecked Cancún.
I’m an optimist out of experience, not temperament. I recall the big room in Doha (2001) when India stuck it out to the next-to-last moment.
@SimonEvenett Still, most will register that the WTO’s first Agreement in 20 years failed to get up. That’s a (probably) fatal result.
@tgemiles Tom, if something more from me wd. help, let me know. Happy to help. Going to bed in an hour or so, however :-)
@SimonEvenett @sdonnan @tgemiles Astonishing thing is that India got what it needed at Bali (4 year ‘get out of gaol’ card).
@SimonEvenett @sdonnan @tgemiles Agree non-members may call the shots on plurilaterals. But WTO qualified majority procedures also relevant.
@sdonnan @tgemiles #TFA’s strongest supporters are @iccwbo_org. Chair in 2015 will be an Indian,
Sunil Bharti Mittal. Maybe worth a call.
@SimonEvenett @sdonnan @tgemiles “.. going ahead without India means she free rides and seen 2 be rewarded”. True. Cooperation is fragile.
@tgemiles India had 1.2% share of world trade in 2010-11. Does it matter if they opt out of #TFA? To world trade? Not so much. To WTO? Yes!
@tgemiles @sdonnan @SimonEvenett … We say it works (especially if subsidy cuts included). But WTO compliance may mean India/China free ride.
@tgemiles @sdonnan @SimonEvenett The 2010 paper I wrote with Andy Stoler on critical mass in an agriculture agreement:icrier.org/pdf/10-025%20P…
SimonEvenett @sdonnan … OR China.
@SimonEvenett @sdonnan critical mass is intriguing, potentially valuable e.g. in Ag ( even w/out India of China) but still problematic.
AU public service salaries are well above OECD averages::compareyourcountry.org/public-sector-… yfrog.com/mmx3zyraj
Letter to FT from @icc_wbo Chair. Global business supports the #WTO Trade Facilitation for its development benefits::ft.com/intl/cms/s/0/3…
√√ “What the new bank of BRICS is all about”::washingtonpost.com/blogs/monkey-c…
alanbeattie @sdonnan @xtophercook @carlocantore Actually neither is dead and neither is really alive. They are zombie trade deals wandering the earth.
Summers fails Int. Econ:”[Eximbank] subsidies… counter foreign subsidies… to maintain a level global trading systeft.com/intl/cms/s/2/a…ASKQ
Study suggests 2014 Farm Bill subsidies mean the end of hopes for #WTO farm policy reforms (in next 4 years)::ictsd.org/themes/agricul…
@kw_watson a role here for a private certification authority?
“…For the interests of the consumer are the interests of the human race”. Happy birthday Frédéric Bastiataei-ideas.org/2014/06/happy-…PF
Yes! Productivity Commission asks for a reference on FDI barriers::theaustralian.com.au/business/econo…