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France Urges Restart Of WTO Talks, Abandonment Of Agriculture

by 5m Editor
15 August 2006, at 11:38am

FRANCE - France's Trade Minister, Christine Lagarde, said on Thursday that France may suggest that the Doha Round of the World Trade Organization's worldwide trade agreement be restarted by putting agricultural issues on a different track, to be addressed later.

Nearly all of the obstacles to such a worldwide pact have come in the agricultural sector, where many countries are leery of giving up tariffs and subsidies, fearing destruction of their domestic agriculture industries.

France, as a member of the European Union, would have to convince the EU's trade negotiator to make the suggestion, Lagarde said.

Source: Cattle Network

5m Editor