Author (Person) | Barber, Tony |
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Series Title | Financial Times |
Series Details | 18.7.08 |
Publication Date | 18/07/2008 |
Content Type | News |
As a prelude to a further round of high-level ministerial talks at the World Trade Organisation, July 2008, to try and agree a new global trade agreement, this article reports on comments from European Commissioners Peter Mandelson and Mariann Fischer Boel. The formal objectives of the meetings were: 'The immediate goal is to agree 'modalities' in agriculture and non-agricultural market access (NAMA) — ie, the formulas and other methods to be used to cut tariffs and agricultural subsidies, and a range of related provisions — and to look at the next steps in concluding the Doha round of negotiations. Agreeing modalities will determine the scale of reductions in tariffs on thousands of industrial and agricultural products and future levels of farm subsidies in the WTO’s member countries. Other issues are also on the menu, including services and rules. Further links to information relating to the WTO Doha Round Geneva Ministerial Meeting, July 2008 are available via the related urls. |
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Subject Categories | Business and Industry, Trade |
Countries / Regions | Europe |