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BRIEF NEWS BULLETIN IN ENGLISH NO. 4648

HINA Zagreb, June 12, 2002WTO CONFERENCE: RELATION OF REGIONAL, MULTILATERAL COOPERATIONZAGREB, June 12 (Hina) - Regional trade agreements currently cover more than 50 percent of global trade, which often causes standstills in negotiations on multilateral liberalisation of trade within the framework of the World Trade Organisation. The standstills in negotiations are often the result of disputes between WTO members, which slows down the organisation's work, WTO trade policy department director Clem Boonekamp said at the beginning of the second day of the WTO ministerial conference fort countries of Central and Southeastern Europe which is held in Zagreb. According to Boonekamp, more attention is paid to antidumping decisions than to the problem about regional trade agreements, although they currently encompass only two to three percent of world trade. Only five WTO members are currently not involved in some form of regional c

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