THE HINDU Editorial Vocabulary- December 16, 2017- Topic 1
The 11th biennial
ministerial conference of the World Trade Organisation ended in a stalemate,
with countries divided along industrial and developing lines. India is seeing
the outcome as a partial success; none of its “offensive” interests were
achieved, but its “defensive” interests remain protected. While India’s push to
ensure a consensus around a ‘permanent solution’ to the public stockpiling of
food for food security purposes was thwarted by the U.S., the “peace clause”,
under which countries would not lodge complaints against developing country
subsidies to meet their food security needs, remained in place.
The failure of
industrial countries to fast-track e-commerce talks, and commitments that
reductions in fishing subsidies would not be discussed at least until the next
ministerial in 2019, are being seen by India as points in its favour. The rift
between advanced economies and the rest was apparent. Industrial countries have
been keen on moving the agenda forward from development, which was the stated
focus of the Doha Round that began in 2001. Developing countries want Doha
Round commitments to be fulfilled before topics of interest to the West — such
as e-commerce and market access for small enterprises — are discussed. The U.S.
has said it wants to clarify its understanding of “development”, and contended
that members were using it to gain exemptions from rules, and that some of the
richest countries (presumably in absolute and not per capita GDP terms) were
claiming this status. It also issued a joint statement with the European Union
and Japan, aimed primarily at China, on trade-distorting practices such as
over-capacity and mandatory technology transfer policies, while India and China
submitted a proposal to end the trade-distorting farm subsidies of Western
nations.
President Donald Trump’s
disdain for multilateral forums and agreements, which he sees as opportunities
for countries to take advantage of America, was reflected in Buenos Aires. U.S.
Trade Representative Robert Lighthizer left before the conference concluded,
leaving a leadership vacuum that his EU counterpart, Cecilia Malmström,
unsuccessfully tried to fill. In fact, since Mr. Trump assumed office, the
administration has blocked the reappointment of judges to the appellate body of
the WTO, despite the U.S. being a frequent user of the dispute resolution
mechanism. India rightly argued that while its GDP may be growing, the country
has hundreds of millions living in poverty and without food security. While
India can, and must, develop a multi-pronged approach to end hunger, it is
correct to seek clarifications that its sovereign right to provide subsidies
for food security is not compromised by the WTO. What has become clear in
Buenos Aires is that India cannot rely on the Trump administration for support on
crucial trade issues at multilateral forums.
Vocabulary
Stalemate: a position counting as
a draw, in which a player is not in check but cannot move except into check.
Example: The often-criticized rule
that stalemate is a draw also increases Chess's drama
Outcome: the way a thing turns
out.
Example: It is the outcome of the
vote that counts
Synonyms: result, end
result, consequence, net result, upshot, aftereffect
Defensive: used or intended to
defend or protect.
Example: Troops in defensive
positions
Synonyms: defending, protective, wary, watchful
Consensus: general agreement.
Example: A consensus of opinion among
judges
Synonyms: agreement, harmony, concurrence, accord, unity, unanimity
Contend: assert something as a
position in an argument.
Example: He contends that the judge
was wrong
Synonyms: assert, maintain, hold, claim, argue, insist, state, declare
Exemption: the process of freeing
or state of being free from an obligation or liability imposed on others.
Example: Exemption from prescription
charges
Synonyms: immunity, exception, dispensation, indemnity, exclusion, freedom
Distort: pull or twist out of
shape.
Example: A grimace distorted her fine
mouth
Disdain: the feeling that
someone or something is unworthy of one's consideration or respect; contempt.
Example: Her upper lip curled in
disdain
Synonyms: contempt, scorn, scornfulness, contemptuousness, derision
Appellate: concerned with or
dealing with applications for decisions to be reversed.
Example: That question has not been
determined by any ultimate appellate court in any common law country.
Rely: depend on with full
trust or confidence.
Example: I know I can rely on your
discretion
Synonyms: depend on, count
on, bank on, place reliance on, reckon on
