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G20 Meeting of Developing members talked over agriculture issues
By:Song Shu 2005-7-12 13:03:38

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G20 Meeting

(DALIANNEWS)-- The WTO Informal Ministerial Meeting of the G20 group of developing countries held today at Dalian Bangcui Dao Guesthouse to talk over the agriculture issues and paved the way to the next meeting agenda in the afternoon.

G20, which in effect comprises less than 20 but significantly powerful developing countries namely, Brazil, China, India and South Africa.

Dimensions of G20

Although the G20 has lost a few members, the group was formed on August 20 and thus the name of the group as G20 remains. The acknowledged core of the G20 represents the most influential and powerful economies of the developing world - Brazil, China, India and South Africa. The formal program of the G20 is limited. It is a formation built on agriculture with a very specific demand on a radical reduction of high levels of agricultural subsidization in the EU and the US that adversely affects the developing world. Nevertheless, the smaller African countries asserted caution with respect to the G20. This caution stemmed from a sense that the program was quite limited; a sense that the key countries in the G20 represented export agricultural interests rather than small farming interests; a sense that somehow some of the G20 countries were not that sympathetic to the demands of the smaller countries that should have special products that should be exempted from liberalization on the basis of special and differential treatment. The latter reason was the very basis on which the group of 27 was founded.

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The State Ministry of Commerce Minister Bo Xilai (L) talked with WTO high officals

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Foreign correspondents' paraphernalia are being inspected by local security guard

 

(Editor:Farah Song)  (From:DALIANNEWS.COM)



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