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WTO negotiations in Dalian making 'progress'
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| By：Anil K Joseph 2005-7-14 1:21:49 |
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Dalian (China), July 13 (PTI) Ministers gathered at an informal World
Trade Organisation meeting here are optimistic that they could make progress
after the European Union and the United States expressed support for the G-20
proposal on market access in agriculture.
The EU and the US have
expressed support for the G-20 proposal on market access in agriculture in the
ongoing Doha Round of multilateral trade negotiations, which is a move forward,
Indian officials attending the Dalian Informal Ministerial Meeting said
here.
They noted that EU Agricultural Commissioner Marianne Boll Fischer,
who spoke at the inaugural close-door session of the meeting here yesterday,
said: "We are willing to develop the structure of an agricultural market access
formula using the G-20 proposal as a starting point." The US, a votary of the
Swiss formula which had been strongly opposed by the G-20 and the developing
countries, conceded that the G-20 proposal was a "positive
contribution."
The expression of support by the EU's Fischer and US
Trade Representative Rob Portman came soon after Foreign and Trade Minister of
Brazil Celso Amorim and Union Minister for Commerce and Industry Kamal Nath
expressed their views at the mini-ministerial opening session on agriculture,
the sources said.
The mini-summit, which will end today, is an attempt to
breathe new life into the stalled Doha round of WTO trade talks that were
started in 2001 but have missed nearly all their targets for reducing global
trade barriers.
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(Editor:Farah Song) (From:www.ptinews.com)
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