Doha Development Round
Doha Development Round
The Doha Development Round commenced in 2001 and is the current trade-negotiation round of the World Trade Organization (WTO) aimed at lowering trade barriers to encourage the increase of global trade. There are many areas of major dispute in the negotiations, mainly between developed countries such as the US and the EU and developing nations including Brazil, China and India. Among the contentious issues are agriculture, industrial tariffs and non-tariff barriers, services and trade remedies. Negotiations are overseen by the Trade Negotiations Committee (TNC) and address important trade issues such as market access, trade barriers and development.