Monday, April 30, 2007

Chief WTO farm mediator says US, EU must move

(Reuters) - The chief mediator in troubled World Trade Organisation (WTO) farm talks on Monday said the United States would have to offer at least another 14 percent cut in subsidies to get a deal.

The European Union, also under pressure to make concessions in the WTO negotiations, would have to improve its offer on lowering import tariffs on farm goods, another politically highly sensitive part of the agenda, New Zealand's ambassador Crawford Falconer said.


Read more at Reuters Africa

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