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Open, Global Trade Is Critical To Irish Recovery: Kelleher

by Jason Gorringe, Tax-News.com, London

03 December 2009


Speaking at the World Trade Organization's 7th Ministerial Conference in Geneva, Irish Minister for Trade and Commerce, Billy Kelleher, confirmed Ireland’s commitment to the Doha Round.

He continued: “Trade is immensely important for jobs and growth in the economy. Last year we exported EUR155bn in goods and services, up from EUR121bn in 2001."

"As a trading economy we need to make sure that more markets are open to Irish exports. Through the WTO’s work and its objective to reduce trade barriers via the Doha Development Agenda (DDA) we can help free up world trade and gain greater market access for our exporters”.

“The WTO provides the essential framework to manage the huge changes taking place in world trade and in times of crisis the need for a strong trade referee is vital. The WTO’s work and its monitoring and reporting on protection helps keep markets open for Irish exporters and protects jobs.”

Commenting on the importance of trade to development, Kelleher added: “We are firmly committed to fulfilling the development dimension of Doha. The DDA is designed to give the poorest and weakest countries the opportunities to use trade to deliver on their individual development agendas.”

The Minister warned that the huge decrease in global trade volumes reported in the last year emphasizes the need to act quickly and resolve differences, in order to deliver ambitious, balanced and comprehensive market-opening opportunities through the DDA.


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