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The conclusion of the prolonged WTO Doha round talks could be delayed for another two to three years if world leaders don’t reach a significant advance this year, Brazil’s Foreign Affairs Minister Celso Amorim has said.
“If we can reach an agreement on the conditions for trade this year, the following US government, whoever it is, will already find something accomplished with the input of other countries and that would be far more difficult to change,” said Amorim.
But “if we take more time, the round could absorb anywhere from two to three additional years and in the meantime cotton farmers will suffer in Africa, when not die” because African farmers will have to continue competing with US subsidies and India won’t have the protection mechanism which it wants to create, added Amorim.
Brazil is ready to facilitate the agreement between India and the US said Amorim, “as long as all sides are willing to negotiate”. (Source: TruthAboutTradeTechnology)
October 1, 2008
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