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14 August, 2000The WTO is a "nightmare" for developing countries, says a report presented to the UN's sub-commission on the protection of human right.
GENEVA: The report is very critical against the World Trade Organisation (WTO) and suggests that the body should be brought under the UN's purview, according to Reuters. It also dismisses the WTO's open trading rules as based "on grossly unfair and even prejudiced" assumptions.
It calls for a "radical review of the whole system of trade liberalisation" and critical consideration of whether it is geared towards shared benefits "for rich and poor countries alike".
The report, however, rejects the idea of linking trade rules to human rights, labour and environmental standards. Many "civil society" groups in developing countries oppose such linkage, arguing that it would provide western countries with an excuse to put up more barriers against goods from poorer states.
The report, a study of the effect of globalisation on human rights, is written by jurists J. Oloka-Onyango of Uganda and Deepika Udagama of Sri Lanka.
It calls for a "radical review of the whole system of trade liberalisation" and critical consideration of whether it is geared towards shared benefits "for rich and poor countries alike".
The report, however, rejects the idea of linking trade rules to human rights, labour and environmental standards. Many "civil society" groups in developing countries oppose such linkage, arguing that it would provide western countries with an excuse to put up more barriers against goods from poorer states.
The report, a study of the effect of globalisation on human rights, is written by jurists J. Oloka-Onyango of Uganda and Deepika Udagama of Sri Lanka.