Moreover it is closed to public, lacks environmental knowledge, exhibits a strong trade bias, and it has failed to make appropriate use of environmental experts. Environment and development are rarely considered holistically in the WTO's work program but, rather, are isolated in separate committees where progress has stalled. Currently, WTO processes are opaque, closed to public participation and lack accountability. In many cases developing country missions lack staff to attend all meetings and to work on all areas of the WTO's work program. Consequently, the WTO rules and timetable largely represent the interests of the developed countries and their industries.
Sustainable development is impossible in a climate of boom and bust economic instability.
The US and EU, should not constrain governments' ability to adopt capital controls on the national level. Greater accountability and transparency is required from these organizations. All rights reserved.