CTindex - Christian Today UK Interactive Catalogue
World

WTO talks limp into 9th day

Talks to rescue a world trade deal will continue on Tuesday with players trying to avert a collapse over measures intended to help poor countries protect their farmers against import surges, ministers said.

Posted: Tuesday, July 29, 2008, 7:58 (BST)
Font Scale:A A A

Talks to rescue a world trade deal will continue on Tuesday with players trying to avert a collapse over measures intended to help poor countries protect their farmers against import surges, ministers said.

Quashing suggestions from reporters that the talks were about to fail, they said they would try to find ways out of the impasse.

"It's been an emotional roller-coaster today but we will be back tomorrow with strong commitments to continue the negotiations," EU Agriculture Commissioner Mariann Fischer Boel told reporters after an eighth day of talks.

"We are still working," said U.S. Trade Representative Susan Schwab as she left the WTO headquarters for the night.

Progress in the talks ground to a halt on Monday as the United States clashed with China and India over access to their rapidly growing markets, especially in food products.

Negotiators dug in their heels on the details of a "special safeguard mechanism" which would allow poor nations to protect their farmers against any import surges in agricultural products such as rice.

The proposal also pits developing agricultural exporters like Costa Rica, Paraguay and Uruguay against other poor nations.

Separately, nine European Union states - a third of the total - demanded better terms for the bloc, adding to concerns that a painstakingly assembled package of compromises that rescued the negotiations last week could disintegrate.

Top trade officials from around 30 key WTO members have been in Geneva since last Monday to try to agree on a range of terms for cutting farm subsidies and tariffs on agricultural and manufactured goods, the core of the WTO's Doha round.

The negotiations for a global deal trade to lower export barriers were launched in 2001, shortly after the September 11 attacks on the United States, in the hope of boosting the world economy and helping poor countries.



© Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters.
Have your say on this article
Christian Today Twitter
Google Advertisement
Externally generated - Report offensive links here
Universal Beneficent Society
World Headline
Zondervan making good progress with first handwritten NIV Bible

Zondervan making good progress with first handwritten NIV Bible

Half of America’s 50 states have been reached so far in Zondervan's effort to create the first handwritten NIV Bible...
Sponsored Features
Order books for all ages commending the free and sovereign grace of Almighty God.
01582 765448 For holidays and retreats in the Scottish borders. Whitchester Christian Guest House 01450 377 477 Friendly printing company for churches, charities and businesses nationwide!
Sanct Maria Abbey, NUNRAW
Cistercian Monastery and Guest House
Bookings: 01620 830 228
Email: nunraw.abbot@yahoo.co.uk
Google Advertisement
Externally generated - Report offensive links here