Which of the following are the outcomes of the Sixth Ministerial Conference of WTO which was held at Hong Kong in December 2005 ? Select the correct combination : (i) Resolve to complete the Doha Work Programme fully and to conclude negotiations in 2006. (ii) Amendments to TRIPS agreement reaffirmed to address public health concerns of developing countries. (iii) To continue export subsidies in agriculture upto 2018. (iv) Duty free, quota free market access for all LDC’s products to all developed countries. Codes :
(i), (ii) and (iv)
The Sixth WTO Ministerial Conference was held in Hong Kong from 13 to 18 December 2005. Its declaration renewed the members' resolve to complete the Doha Work Programme fully and to conclude the negotiations in 2006, so (i) is an outcome (although that deadline was later missed).
Just before the conference, on 6 December 2005, the General Council approved the amendment to the TRIPS Agreement that allows compulsory-licensed medicines to be exported to countries lacking manufacturing capacity. The Hong Kong declaration reaffirmed the importance of this decision for public health in developing countries, so (ii) is an outcome.
On agriculture, the conference agreed to eliminate all forms of export subsidies by the end of 2013, not to continue them up to 2018. So (iii) is not an outcome.
Members also agreed that developed countries would provide duty-free and quota-free market access for products originating from least developed countries (at least 97 percent of tariff lines by 2008, with the goal of full coverage). So (iv) is accepted as an outcome, giving (i), (ii) and (iv).
Hence, (i), (ii) and (iv).
Similar Questions
The important objectives of WTO are :
(i) To improve the quality of technology in the member countries.
(ii) To improve the standard of living of people in the member countries.
(iii) To ensure full employment and broad increase in effective demand.
(iv) To enlarge production and trade of goods.
(v) To increase trade of services
Codes :
Which among the following are criticisms given against World Trade Organization (WTO) ?
(a) It is not a democratic and transparent institution.
(b) It has domination of international trade by rich countries for the benefit of their individual interests.
(c) It encourages a ‘race to the bottom’ in wages by pitting workers against each other rather than promoting internationally recognized labor standards.
(d) It is seeking to privatize essential public services.
Codes :
Important Questions from World Trade Organisation (WTO)
- Intellectual property rights regime is managed by :
The Government of India appointed ______ as the country's G20 Sherpa in September 2021.
Nearly ___________________ countries of the world are currently members of the WTO. (as on June 2014)
Sequence the following different settlement stages of the WTO dispute settlement System.
A. Retaliation
B. Implementation
C. Panel Review
D. Appellate
E. Consultations
Choose the correct answer from the options given below:
Which combination of the following is correct with regard to World Trade Organization (WTO) :
(a) WTO initiates peace process among the member countries to enhance international trade.
(b) WTO avoids the task of “Settlement of Disputes” among the member countries.
(c) WTO administers the “Trade Review Mechanism”.
(d) WTO cooperates in an appropriate manner with the IMF and the World Bank.
Codes :
