| Issue 21 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| The Doha Ministerial
Conference
Prepared Sylvester Madzvova & Dr. Moses Tekere
July 2002 Go back to the top
===================== The changing patterns of economic activity under the momentum of globalisation, demand that countries in Africa build strategic alliances for the protection of the continent’s interests. SADC certainly provides a foundation for a strong economic integration based on tradition culture as well as historical ties of its people. It is important that the region defines its interests and try to push for these interests in global forums such as the WTO. The new economic dispensation imposed by globalisation also demands that SADC depart from the traditional bilateral ties based on the export primary commodities and imports of high value finished goods. The region should identify areas where it is more competitive on the global markets and exploit every opportunity offered by WTO to maximise benefits and reduce costs. Crucial to achieve these aims is to develop the ability to identify emerging areas in which SADC has comparative advantage and areas of high rent and then the capacity to appropriate those rents that. are realistically within grasp and to develop the capacity to adjust quickly to changing circumstances of rent maximisation and comparative advantage. Since the late 1980s, the region experienced serious economic problems which have seen its people sink further into poverty and need. Prices of the region’s export commodities (agricultural and minerals) in the world market slumped as it faced more competition from other regions. Now that the WTO seeks to further harmonise global trading regimes, SADC must gear itself not only to increased competition, but also to export opportunities that never existed before. However, what is currently needed in order to realise these opportunities is information and knowledge on how to tap such potential. It is against this background. that Trade and Development Studies Centre [TRADES CENTRE] and FES —Harare office initiated a series of studies and workshops culminating into the compilation of this book on The New WTO Round of Negotiations and the Post Doha Agenda. It is our sincere hope that information contained in this book goes a long way to fill an information gap on globalisation challenges and how SADC as a region can respond to these challenges. Dr. Felix Schmidt & Dr. M. Tekere ==================== |
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