Archive - 2005 - Article

The WTO preparations for the Hong Kong Ministerial conference suffered a serious setback Wednesday night when a key meeting on agriculture involving Ministers of five major countries - the US, EU, Brazil, India and Australia - ended abruptly after failing to make any progress. The session scheduled for Thursday was cancelled.

The European Commission called for the EU to set up a half-billion-euro globalisation 'shock absorber' fund to cushion the impact of painful restructuring efforts in Europe.

Chief trade ministers of the 'Five Interested Parties' the United States, the European Union, Australia, Brazil and India yesterday failed to 'break the ice' in the difficult market access area of the ongoing Doha Development Agenda agricultural trade negotiations

Brazil's external relations minister and chief trade negotiator Celso Amorim yesterday warned against creating a 'smokescreen' in the Doha Development Agenda trade negotiations

Trade ministers of Mali and Chad yesterday warned that time is running out for a much-promised 'cotton' initative

On 11 October 2005, the European Parliament's International Trade Committeeheld a public hearing on the WTO in its preparation for the WTO's HongkongMinisterial conference in December. The Third World Network's Director, Martin Khor, was invited to make apresentation as one of six experts at the hearing. He made a statement in thesession on NAMA (non agricultural market access).

European Union Trade Commissioner Peter Mandelson said he was ready to show more flexibility over farm trade when he meets other top-level negotiators from around the world on Wednesday.

The controversy over proposals to introduce new 'benchmarking' or complementary approaches aimed at getting developing countries to accelerate their liberalisation commitments in services at the WTO is expected to re-ignite in the week starting on 17 October.

The Group of 20 developing countries has presented new proposals on market access and domestic support as part of the WTO agriculture negotiations.