:. Food Industry News


EU Says Doha Deal Possible Within Weeks

Source: Reuters
12/11/2008

Brussels, Nov 12 - A deal on the Doha round of trade talks could be reached within weeks and a summit of industrial and emerging countries this weekend must send a clear signal to achieve this, the EU's top trade official said.

Daily News Alerts

"With leadership and determination, a Doha deal is within our grasp as the details of a final agreement could be agreed within weeks," European Trade Commissioner Catherine Ashton said after meeting her U.S. counterpart Susan Schwab on Tuesday.

U.S. Trade Representative Schwab urged against retrenchment in market opening, a statement issued by the European Commission said.

Countries must "move ahead with an ambitious and balanced Doha round that creates new trade flows and generates economic opportunities worldwide", it quoted Schwab as saying.

Leaders of the G20 group of developed and developing countries gather in Washington on Saturday to discuss the global financial crisis. U.S. officials hope they will also endorse a strong statement to give the long-struggling Doha round a boost.

"It's very important that the G20 meeting in Washington on 15 November send a clear signal to negotiators to achieve this objective," Ashton added in the statement.

It was the first face-to-face meeting between Ashton, appointed last month, and Schwab, who leaves office on Jan. 20 at the end of U.S. President George W. Bush's second term.

The Doha round, which countries agreed to launch seven years ago, had an initial goal of finishing by January 2005.

Key members of the World Trade Organisation came close to a breakthrough at a meeting in Geneva in July. The effort failed because of a sharp disagreement between the United States, India and China over details of a mechanism to protect developing countries from a surge in farm imports.

Negotiations have advanced little since July, and Washington is also at odds with New Delhi and Beijing in the manufacturing portion of the WTO talks.

Many believe the Doha round could stretch on for many more years, unless there is significant progress before U.S. President-elect Barack Obama takes over from Bush.

WTO Director General Pascal Lamy has indicated he could call trade ministers back to Geneva in December if there appears to be a good chance of reaching a deal.



GO   View more articles on this subject


More Alerts from 12/11/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Mandelson Move a Blow to Doha, Free Trade Lobby
WTO Farm Talks Resume, Face Difficult Run
EU Wine and Spirit Producers Hail WTO Scrutiny of Discriminatory...
New WTO Talks Possible "in Coming Weeks"...
U.S. Wants Push to Revive Doha Trade Talks -Report
EU's Mandelson Points at U.S. After WTO Collapse
Recriminations Fly Across Asia as WTO Talks Fail
European Union Adopts New ‘Tariff-Only' Import Regime...
EU Radically Reforms Its Sugar Sector to Give Producers...
Economic Partnership Agreements: EU and West Africa...

More in Food Industry News
USA: Kehe Food Distributors Opens New Centre in Pennsylvania
Russia Duma Passes Beer Tax Hike in First Reading
Bongrain's Slowdown in Cheese Sales Continues as Group's...
Cadbury Descendant Fears Loss of Firm's UK Heritage
Sugar, Coffee Sideways, Eye Storm in Nicaragua
Ahold Set to Benefit Whether Predator or Prey
First UTZ CERTIFIED Cocoa to Be Delivered in Amsterdam,...
GLG Life Tech to Offer 3.6 Mln Shares for US IPO
Sainsbury H1 Profit Seen up 16 Percent, H2 Tougher
EU to Fight for Tuna Protection at Global Talks

Top Headlines
USA: Kehe Food Distributors Opens New Centre in Pennsylvania
Russia Duma Passes Beer Tax Hike in First Reading
Bongrain's Slowdown in Cheese Sales Continues as Group's...
Ahold Set to Benefit Whether Predator or Prey
GLG Life Tech to Offer 3.6 Mln Shares for US IPO
Sainsbury H1 Profit Seen up 16 Percent, H2 Tougher
UK: Continual Growth at Graham's The Family Dairy During...
Ajinomoto H1 FY09 Net Income Increases
Hain Celestial Reports Lower-than-Expected Quarterly...
AarhusKarlshamn's Food Ingredients Quarterly Operating...
SunOpta Q3 Revenue Drops 11.8%
Jones Soda Sees Revenue Decrease of 18% in Q3
UK: Tate and Lyle's Pre-tax Profits £112 Million...
Cha Dao Tea of Seattle Partners with BYB Brands
Coca-Cola Bottling Co. Consolidated Sees Income Growth...
California Pizza Kitchen Profit Up, Forecast Light
Starbucks Raises Outlook as Turnaround Signs Mount
Senomyx Quarterly Revenue Increases 3%
China: Yayi International to Build China's Largest...
Discovery of Pesticide Amitraz in Turkish Pears: EU...
Dr Pepper Snapple Profit Tops View
Sara Lee Reports Strong Fiscal 2010 First Quarter;...
Ahold Gears Up for M&A with Management Rejig
ICA AB Interim Report 2009: Net Income up 7.5 Percent
Process for Preparing a Highly-Soluble Cocoa Extract
Methods and Compositions for Improving the Nutritional...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228