PETER SUTHERLAND, the World Trade Organization’s
first director-general, who is now BP’s chairman, said in a speech
in London on April 15 that the “development” perspective of
the Doha Round negotiations needs to be more carefully thought through.
“Many of the objectives being pursued are understandable
when set against the rhetoric of poor countries as victims of the WTO
system,” he said. “But do they make sense in terms of poverty
reduction, the generation of competitive export sectors, the attraction
of in-ward investment or integration into the global economy?”
Click here for the full text of the Tacitus Lecture to the Worshipful
Company of World Traders, City of London, April 15, 2003.