Africa: Continent Needs World Trade Deal, Says WTO Chief

source: allAfrica

7 March 2008
Posted to the web 7 March 2008

The first international trade negotiations which proclaim as one of their objectives reducing discrimination against developing countries in the global trading system are entering a critical few months.

The talks, which began in Doha, Qatar, in 2001, have long been plagued by differences over issues such as the measures which countries take to protect their own farmers, or industries, against cheaper imports from elsewhere. Developing countries want rich countries to cut agricultural subsidies, or tariffs on agricultural imports, so they can export their produce there. Industrialized countries want newly-emerging countries to cut import tariffs so they can export manufactured goods to those countries.

Now, says Pascal Lamy – who, as director-general of the World Trade Organization, referees the talks – there is a better chance than [continue reading]

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