Agriculture
- Substantial and effective reductions in overall trade-distorting domestic support (OTDS) of the US and EU;
- Self-designation of an appropriate number of special products (SPs);
- An operational and effective Special Safeguard Mechanism (SSM);
- Simplification and capping of developed country tariffs.
Non-Agricultural Market Access (NAMA)
- Adequate and appropriate flexibilities for protecting economically vulnerable industries;
- Participation in sectoral initiatives only on a non-mandatory and good faith basis without prejudgment of the final outcome, with substantial special and differential treatment provisions for developing countries;
- Serious consideration of non-tariff barrier (NTB) textual proposals with wide support such as the horizontal mechanism.
Services
- Need for qualitative improvement in the revised offers especially on Modes 1(cross-border supply) and 4 (movement of natural persons);
- Appropriate disciplining of domestic regulations by developed countries.
Rules
- Tightening of disciplines on anti-dumping (deletion of zeroing clause and reiteration of the lesser duty rule)
- Effective special and differential treatment for developing countries on fisheries subsidies.
Trade-related Aspects of Intellectual Property Rights (TRIPS)
- Establishing a clear linkage between the TRIPS Agreement and the Convention on Bio-diversity (CBD) by incorporating specific disclosure norms for patent applications;
- Enhanced protection for geographical indications (GIs) other than wines and spirits.
Source : Economic Survey 2011-12
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