NAMA negotiations in the WTO and preference erosion: concerns of Bangladesh and other regional LDCs

作者: Mustafizur Rahman , Wasel Bin Shadat , None

DOI:

关键词: International economicsNegotiationPreferenceTariffEconomic growthDeveloping countryMargin (finance)Competitive advantageFramework agreementEconomicsMarket access

摘要: The ongoing negotiations on non-agricultural market access (NAMA) in the WTO are expected to lead substantive reductions tariff rates industrial goods both developed and developing countries. Although an agreement formula coefficient(s) is yet be reached, it becoming increasingly clear that countries moving towards a differentiated swiss-type with deeper cuts for higher tariffs. July (2004) Framework Agreement stipulated LDCs will not required undertake any reduction commitments under NAMA. However, likely suffer preference erosion as consequence of NAMA since by result fall preferential margins currently enjoyed various GSP schemes operated Consequently, competitive edge taking advantage treatment set erosion. This major concern Bangladesh other Asia-Pacific region. paper attempts make estimate about range given her current trade pattern exports. finds Bangladesh, could substantial (e.g. $42.1 million worth net EU alone RMG products one possible scenarios). Reduced margin also undermine future competitiveness country markets. It noted have positive implications US where most Bangladesh’s do enjoy treatment. Thus, diverse export goods. NAMA, thus, may increase vis-a-vis Caribbean Sub-Sahara African which enjoying zero-tariff apparels AGOA CBI. reviews some proposals being discussed address negative consequences LDCs.

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