The US policy could have a more sinister agenda of pitting the poor countries against each other

IIPM PUBLICATION
AGOA had a sunset clause, but if the duty-free access becomes permanent for less developed countries in Africa – as stipulated in Hong Kong – then poor Asian countries will continue to lose US market share. The WTO is supposed to prevent such agreements, but so far no case has been successfully brought.

Even if America succeeds in dividing the developing countries, however, it may inspire a degree of unity elsewhere. Both those committed to trade liberalization within a multilateral system and those committed to helping developing countries will look at America’s new strategy with abhorrence.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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