RTAs and South Asia: options in the wake of Cancun fiasco

The purpose of this paper, therefore, is to systematically address the situation in general and with emphasis on South Asia if the failed trade talks at Cancun throw weight behind the formation of more and more bilateral and regional trade treaties. Should they make a renewed effort to kick-start SAPTA? Should they look eastward and try to cooperate more with ASEAN and other East Asian economies? Should they further deepen trading relations with their traditional partners the EU and US? This paper contains six sections (including introduction). Section II provides a quick recap of the series of events, which resulted in Cancun debacle. Section III takes into account the proliferation of RTAs over the last two decades, change in US approach towards regionalism, further deepening and widening of EU and formation of Asia Pacific Economic Cooperation. Section IV in very brief follows the development since the Cancun collapse, the US efforts to follow bilateral path in FTAA negotiations and Indias Look East policy. Section V analyses the reasons behind low intra-regional trade. Section VI makes a comparison of intra-SAARC trade with other Southern RTAs, Finally the paper ends with looking into the possible options for South Asia in the post-Cancun scenario

Cotton in the new millennium: advances, economics, perceptions and problems

Cotton is the most significant natural fibre and has been a preferred choice of the textile industry and consumers since the industrial revolution began. The share of man-made fibres, both regenerated and synthetic fibres, has grown considerably in recent times but cotton production has also been on the rise and accounts for about half of the fibres used for apparel and textile goods. To cotton’s advantage, the premium attached to the presence of cotton fibre and the general positive consumer perception is well established, however, compared to commodity man-made fibres and high performance fibres, cotton has limitations in terms of its mechanical properties but can help to overcome moisture management issues that arise with performance apparel during active wear. This issue of Textile Progress aims to: i. Report on advances in cotton cultivation and processing as well as improvements to conventional cotton cultivation and ginning. The processing of cotton in the textile industry from fibre to finished fabric, cotton and its blends, and their applications in technical textiles are also covered. ii. Explore the economic impact of cotton in different parts of the world including an overview of global cotton trade. iii. Examine the environmental perception of cotton fibre and efforts in organic and genetically-modified (GM) cotton production. The topic of naturally-coloured cotton, post-consumer waste is covered and the environmental impacts of cotton cultivation and processing are discussed. Hazardous effects of cultivation, such as the extensive use of pesticides, insecticides and irrigation with fresh water, and consequences of the use of GM cotton and cotton fibres in general on the climate are summarised and the effects of cotton processing on workers are addressed. The potential hazards during cotton cultivation, processing and use are also included. iv. Examine how the properties of cotton textiles can be enhanced, for example, by improving wrinkle recovery and reducing the flammability of cotton fibre

Agriculture and Food Security: New Challenges and Options for International Policy

New challenges are facing the global food and agriculture trading system in the 21st century. The present paper identifies options for how policies and international trade rules can respond to this new reality. It is not specifically addressed towards the ongoing negotiations of the Doha Round at the WTO, nor is there any attempt to re-define the mandate for these negotiations. The new challenges include a change in the supply-demand balance in global food and agriculture markets; large-scale use of agricultural commodities as feedstock for biofuel production; heightened market volatility; the impacts of climate change and government response; and important changes in agricultural policy regimes in major producer countries. Against this background, the paper recommends trade policy options in two areas: adapting the WTO Agreement on Agriculture and the Agreement on the Application of Sanitary and Phytosanitary Measures; and more general WTO rules of particular importance for food and agriculture, especially with regard to environmental measures. It also puts forward options targeted at international cooperation to improve food security and foster agricultural productivity. The changing conditions on agricultural markets over the past decade have brought to the fore the need to improve food security globally. Focusing on this priority can demonstrate what international trade, and the regime governing it, can do for developing countries. At the same time, work must continue towards strengthening competitive markets, removing trade barriers and minimizing policyinduced distortions while providing urgently needed public goods. Policy options that seek to act on these priorities are presented over an indicative short to long-term time horizon