Jump to content

No breakthrough in the WTO trade talks

Unchecked
From Wikinews, the free news source you can write!

Friday, July 29, 2005

Two days of ministerial talks have ended without agreement and evidence of a possible deadlock between developing and developed countries.

148 member countries are trying to reach a consensus on how to proceed with the Doha round of talks which are scheduled to be agreed in 2006. However, they are now behind the deadlines they set and the Geneva meeting saw no progress.

Richer countries are being accused of demanding too many concessions in return for opening up trade and reducing subsidies while they say that the poorer countries are holding them to ransom by blocking progress.

Sources

[edit]
  • Trade talks set for fresh hold-up — BBC News, July 29, 2005
  • WTO fails to reach breakthrough in Doha talks — IANS, July 29, 2005


  Share this article

Email this story Share on Facebook Share on Telegram Share on WhatsApp Share on LinkedIn Share on WeChat

Share on Twitter Share on Reddit Share on Bluesky Share on Mastodon