London, Jan 29 (Agencies): Hailing the interim findings of an expert group set up to consider the actions needed to fight protectionism and to boost global trade, British Prime Minister David Cameron termed the year 2011 as make or break year for Doha deal.

The report—The Doha Round: Setting a deadline, defining a deal—published on Saturday, put forward that for the Doha agreement to be a success the deals need to be concluded by the end of 2011.

The document makes the case for action to be taken now, arguing that substantive accords need to be finished by the summer to achieve the 2011 deadline.

The experts' report sets out four arguments for completing the Doha Round which it believes will benefit all countries: An agreement would provide an insurance policy against future protectionism by consolidating the huge amount of unilateral liberalisation that has occurred since the Uruguay Round in the 1990s.

A deal would result in reforms of farm trade by binding subsidy levels in the developed world and eliminating export subsidies and present the most-ambitious package of trade liberalisation and facilitation ever negotiated multilaterally, bring economic benefits of at least USD 360 billion.

The failure to reach an agreement would weaken the reliability of the World Trade Organisation (WTO) and that of multilateralism more generally as a mechanism to address trade.

“We have got one last chance to get this right. 2011 is the make or break year. So let's agree that this is the year we will make the break-through,” said the Prime Minister.

No one should hold anything back for later. There is no later. And I believe this report can be the foundation for success" he added.