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Further Reading: United Nations
|REPORTS 2005:||Dec. 14 Dec. 19|
|A Deal, But No Victory at the WTO Meeting in Hong Kong|
Sixth World Trade Organization Ministerial Conference (WTO MC6) in Hong Kong |
Eagle Forum Correspondent Cathie Adams reporting from Hong Kong, China.
|Dec. 19, 2005|
A deal was struck this morning after the World Trade Organization Ministerial Conference (WTO MC6) deadline in Hong Kong, but no one called it a victory. Instead, Hong Kong was simply an "important staging post" as nations, including the U.S., agreed to continue negotiating subsidies and tariffs. Talks will pick up again next March.
Listed below are some of the outcomes of the WTO MC6, which beg the questions: If the goal is to create "fair" trade, then why are the outcomes consistently in favor of "poor" countries? Wouldn't "fair" trade seek to create an even playing field, rather than to water down or eliminate trade protections from only "rich" countries?
The bottom line is that even though the U.S. delegation in Hong Kong made commitments to the 149-members of the WTO, the U.S. Constitution directs that it is the authority of the legislative branch (the U.S. Congress), rather than the executive branch to decide trade rules.
Let your Congressman know what you think about the "deal" that the U.S. administration agreed to in Hong Kong.