European Union
Pressure mounted on the European Union to agree on a firm date for eliminating farm export subsidies as World Trade Organisation ministers struggled to find ways to move the Doha trade round forward at the Hong Kong ministerial meeting. EU and US officials expressed disappointment over the lack of progress
European Union
As trade officials from around the world haggle in Hong Kong over liberalizing trade rules, the European Union is coming under intense pressure for blocking a deal aimed at lifting developing countries out of poverty. The EU's decision to reject calls to open its market wider to cheaper
European Union
The European Union's Ambassador to Washington, John Bruton, has clarified that the EU has reached its limits in offering tariff reductions on agricultural imports, echoing a message to the US and other trading partners in the ongoing Doha Round of trade talks. While the EU has hinted at
European Union
The Group of 7 of the world's leading industrialized nations called for "renewed momentum" in international trade liberalization on Saturday, as Brazil and India made a surprise offer of trade concessions to challenge the rich nations to find a solution. The offer, which involves opening their
European Union
Pressure is mounting on the United States and the European Union to dramatically slash their agricultural subsidies ahead of a crucial meeting of the World Trade Organisation (WTO) in Hong Kong. A new study by Oxfam has found that up to 38 developing nations, including Mexico, Brazil, and Mozambique, could
European Union
Leading developing countries on Monday launched a scathing critique of rich states, particularly the European Union, for being out of proportion in their demands for liberalization during the World Trade Organization (WTO) talks. The eight countries – Brazil, India, Indonesia, Namibia, Pakistan, the Philippines, South Africa, and Venezuela – accused the EU
European Union
European Union agriculture ministers have agreed to a 36 per cent reduction in sugar subsidies, a move aimed at reducing the bloc's dumping of sugar on world markets. The revised plan, which phases in the cut over four years, is expected to strengthen the EU's hand
European Union
European Union agricultural ministers may agree this week to significant cuts in subsidies paid to the Continent's heavily protected sugar producers, marking a major overhaul of a four-decade-old program. The proposed reductions, which would start taking effect next July, are seen as a crucial step towards making European
European Union
The European Union yesterday attempted to revive the stalled Doha round of trade talks by offering further cuts in farm tariffs, but the US and France expressed disappointment, citing loopholes and inadequate concessions. The EU's proposal, which represents a 46% average cut in tariffs, is seen as insufficient
European Union
Chilean President Ricardo Lagos urged the European Union to eliminate trade-distorting agricultural subsidies and grant developing countries full access to its markets during a speech to the European Parliament. The call comes as the European Union faces pressure to agree to significant cuts in farm tariffs in the ongoing global
European Union
The United States and the European Union have proposed significant cuts in financial support to farmers, aiming to break a deadlock in the Doha Round of trade talks at the World Trade Organisation. The proposed cuts, amounting to billions of dollars, are seen as a positive step towards opening up
European Union
In a last-ditch effort to revive the Doha round of trade talks, the US has offered to eliminate farm export subsidies by 2010 and slash domestic subsidies by more than half in five years. The proposals, announced by US Trade Representative Rob Portman, aim to address the contentious issue of
