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To: hedgetrimmer
They impose rules on trade that are not fair, but a one way street. They often give the advantage to "least developed countries" in their trade decisions, instead of fairly determining trade rules. That is, when it comes to a trade policy that pits a "least developed countries" against a "rich country", they will allow the "least developed countries" to impose tariffs to protect their producers, at the same time fining "rich countries" for having tariffs against the "least developed countries" goods.

The WTO has ruled in favour of the US as well, look it up.
83 posted on 03/03/2004 8:05:02 AM PST by Cronos (W2K4!)
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To: Cronos
These negotiations shall take fully into account the special needs and interests of developing and least-developed countries, and recognize that these countries do not need to match or reciprocate in full tariff-reduction commitments by other participants.

Some technical assistance is targeted specifically for least-developed countries. The Doha Declaration urges WTO member donors to significantly increase their contributions.


The Doha round, WTO

THE HIPC DEBT INITIATIVE

Was proposed by the World Bank and IMF and agreed by governments around the world in the fall of 1996. It was the first comprehensive approach to reduce the external debt of the world's poorest, most heavily indebted countries, and represented an important step forward in placing debt relief within an overall framework of poverty reduction


The plan to redistribute our wealth to "least developed countries". This is a one way street for our tax dollars.
90 posted on 03/03/2004 8:18:14 AM PST by hedgetrimmer
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