WTO Ministers in Brazil Agree to Talk. But They Don’t Know When

World Trade ministers meeting in Brazil have agreed that talks on a global pact to eliminate trade barriers must resume.

World Trade Organization chief Pascal Lamy said Sunday that the rich and developing nations meeting in Rio de Janeiro – which make up the so-called Group of 20 led by Brazil – have agreed that world trade talks should resume, but he did not name a date.

The talks, known as the Doha Round because they began in Qatar in 2001, collapsed in July.

At issue are rich nations’ subsidies for agricultural products, which developing countries say makes it hard for their products to compete.

For their part wealthy nations complain of barriers in emerging markets to their goods and services.

The European Union’s Trade Commissioner, Peter Mandelson, said Sunday the two-day meeting gave a "very clear "yes" to the resumption of talks.

VoA

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Negative Results in Food and Fuel Drag Retail Sales Down in Brazil

The volume of retail sales in Brazil in April rose 3.40%, and earnings, 11.82%, ...

Lula and Ortega Discuss Honduras. They Still Don’t Recognize Lobo as President

The presidents of Brazil and Nicaragua, Luiz Inácio Lula da Silva and Daniel Ortega, ...

Brazil’s Chicken Exporters Worried about Dollar Fall

Brazilian poultry exports added up to US$ 259.8 million in the month of April, ...

Best-seller Books, Plays and Movies

Since its inception, the MMTR (Rural Women Workers’ Movement) has undergone a major transformation ...

Brazil President Condemns as Protectionism US and EU Injection of Capital in Economy

In Germany, Brazilian president Dilma Rousseff once again criticized the excessive resources being injected ...

Home Stretch

Wishful thinking as Cardoso looks ahead to last year of his mandate. The President ...

500 Police from Brazil Out for Biopiracy and Animal Trafficking

To combat biopiracy, illegal transportation of wood, and international trafficking of animals, Brazil’s Federal ...

Mass Protests Awaken Brazil’s Political Consciousness

In what has been deemed Brazil’s largest political mobilization in over two decades, protesters ...