The need for equitable development to address growing poverty is more urgent than necessary. The self interest of wealthy nations has drawn the promised free and fair trading system offered in 1999 by WTO, into a decade long catalogue of self interest and a pretence of commitment to free trade. Pascal Lamy’s declaration that the next Ministerial Meeting will take place end 2009, together with the escalating financial crisis, make it likely that protectionism and with it much more intense unfairness in trade will follow. With that, the Millennium Development Goals will become more distant. Free and fair trade is the engine for growth and it is growth – not aid – that can ensure the achievement and maintenance of these goals in less developed countries. Yet US and European policymakers have opted to hide from the difficult system changes required to fix a failed financial system and instead o pandering to the excess and mistakes of the few whilst sacrificing the many. Is it not time to seek a new solution and instead of spending trillions on crutches for an obsolete system, should not a more sustainable and fair solution be sought?
Fairness is about justice, a basic element of humanity. In the sphere of international trade, that notion should logically be deployed simply because it is the right and only way forward. That deployment would be supported by widespread education and support from government and non governmental agencies to include as many producers, wholesalers, retailers and […]
Doha has failed, but has it really? It has served a purpose in demonstrating the new world order where once muted, less developed countries are sharing the power of the once dominant club of developed states. The poor farmers have lost this round, but in the new world order, they have a better chance. No deal is better than a bad deal. The US and EU would have liked the latter but for producers it is the former that offers a foundation for the future.
Founder Merrill J. Fernando and his sons Dilhan and Malik ensure every pack of Dilmah reaches you fresh and full of flavor. As Merrill says, "my family cares for your tea, from the tea nursery right to your teacup."