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Several developed countries have intensified their advocacy in the World Trade Organisation for a simple Swiss or non-linear formula that would result in steep tariff reductions in imports of industrial goods in developing countries.

Several developed countries have intensified their advocacy in the WTO for a simple Swiss or non-linear formula that would result in steep tariff reductions in imports of industrial goods in developing countries.

Latest news from the Carribean Regional Negotiating Machinery.

The World Trade Organization suspended a formal meeting on agriculture negotiations here late last week after countries failed to agree on a system of calculations for comparison of tariffs.

Wisdom prevailed to accommodate the interests of various diverse group in preparation for the battle. The G-20 responded well to the sensitivities of the LDCs and other groups.

The Ministerial meeting of the Group of 20 developing countries concluded with the adoption of a Declaration and a press briefing in which Ministers from participating countries took part.

TRADE Secretary Juan B. Santos said it is premature to enter into a bilateral free trade agreement with the United States.

The Declaration of the G-20 Ministers called for the elimination of all export subsidies in agriculture within five years.

The Ministerial meeting of the Group of 20 developing countries concluded with the adoption of a Declaration and a press briefing in which Ministers from participating countries took part.

Colombia and the United States Proposed 'Sectoral Initiatives'under which countries would eliminate almost all tariffs and subsidies for certain products.