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World Trade Organization (WTO) negotiations will continue |
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Monday, 28 July 2008 |
The negotiations of the World Trade Organization, which had to finish on Saturday, will continue on Tuesday because of disagreement on the part of India and China. Disagreement and split occurs among developing country WTO members.
After the weekly negotiations of Member States, no progress because of disagreement on the part of India, which wants to protect its small farmers and is a fear that if foreign imports exceed 40%, all precautions are already late.
Latin American countries such as Paraguay and Urogvay which export most of its agricultural production, gave the representatives of developing African countries, rejected the position of India and requiring clause to trigger at a higher threshold.
There are also concerns regarding the position of China, which came into conflict with Urogvay, Paraguay, Thailand and Taiwan because of the desire to protect their small producers of rice, cotton, sugar and reluctance to discussion on import duties on certain goods.
European Agriculture Commissioner Marian Fischer Boyle said that the problems with cotton are among the principal to resolve, if desired success in the negotiations, a principal negotiator of the European Union expressed doubts in his public blog that everything achieved so far will be collapsed.
To be adopted and enter into force, any agreement must be approved collected from 153 members of the World Trade Organization. |
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