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The dollar plunge and records-high trade deficit has created an opening ofr those who object to US membership in the WTO.

The spat has outgrown the World Trade Organization, which did not yet exist when the United States and EU first addressed the charges of unfair trade practices in the aerospace industry back in 1992.

The Islamic Development Bank (IDB) is strengthening its efforts to prepare the Organization of the Islamic Conference (OIC) member states for membership of the World Trade Organization (WTO).

'I don't believe we can force American withdrawal, but once every five years we get to vote on it,' said Rep. Peter DeFazio, D-Ore. 'And I think we can have a very vigorous debate.'

The US has informally circulated a draft paper containing its views and proposals for the meeting in WIPO on a Development Agenda.

The paper, titled 'Establishment of a Partnership Program in WIPO' states that WIPO already has a 'robust development agenda' in all its work, and it clearly ignores and sidesteps the demands of the proponents of a 'development agenda' in WIPO.

Civil society needs to increase support for the development calls of the south and increase pressure on the big trading powers.

The United States and Uganda have issued a joint proposal calling for a ban on so-called "consularization" transactions and fees.

Pakistan has decided to extend foreign direct investment opportunities to member countries of the World Trade Organisation some time in May.

At the latest WTO negotiations on NAMA, the major developed countries put great pressure on the developing countries to accept drastic cuts in their industrial tariffs.