Press Release: New EU study shows significant economic benefits from a Doha deal

A study published on the 31 October 2011 showed that the economic benefits arising from the Doha Development Agenda (DDA) negotiations in the World Trade Organisation amounted to an increase of world exports of $359 billion on an annual basis from a deal on the liberalisation of industrial goods, agriculture, services and on the removal of red tape.

If an agreement on sectoral liberalisation of industrial goods (chemicals, machinery, electronics) could be reached, world exports would increase by a further $146 billion, totalling $505 billion annually, according to the study.

• Primary Source

CEPII-CIREM: Report: Economic impact of potential outcome of the DDA II. Final report, October 2011 http://trade.ec.europa.eu/doclib/docs/2011/october/tradoc_148337.pdf

Website: WTO: Trade Topics: Doha Round http://www.wto.org/English/tratop_e/dda_e/dda_e.htm

European Commision: Memo/11/751: WTO trade negotiations: Doha Development Agenda http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/751&format=HTML&aged=0&language=EN&guiLanguage=en

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