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Talks in Dalian vital for progress in Doha Round
 2005-7-14 1:22:42

DALIAN, China (Kyodo) The meeting of World Trade Organization ministers in the Chinese city of Dalian will be crucial to progress in the Doha Round of global trade liberalization talks, farm minister Yoshinobu Shimamura said Tuesday before the talks got under way.

"This will form the basis for the ministerial talks in Hong Kong in December," Shimamura told reporters, referring to the meeting in which the WTO members hope to reach an accord with full numerical goals for tariff cuts.

"I don't know how far our discussions will go at this point, but the participating countries agree at least that we must come up with an outline before the end of July," he said.

"I believe this will be a very important conference."

Shimamura was referring to an outline for trade barrier reductions that members are trying to issue before the self-imposed deadline at the end of the month.

Trade negotiators say the outline must be issued by the end of July if they are to flesh out the specifics ahead of the Hong Kong conference.

The Dalian meeting is bringing together ministers from 30 of the 148 WTO countries.

Shimamura said he reaffirmed the importance of the Dalian meeting in talks with European Agriculture Commissioner Mariann Fischer Boel earlier in the day.

Global trade liberalization talks under the Doha Round, launched in November 2001, have stalled due to differences among WTO members over issues ranging from tariff cuts to farm subsidies.

 

(Editor:Farah Song)  (From:Japan Times)



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