Archive - Mar 2005

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.

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

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.

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

It asked for substantial reductions in trade distorting domestic support by developed countries as well as further disciplines in the Blue Box and the Green Box in order to avoid mere “box shifting' in domestic subsidies.

The G-20 has advocated a tariff reduction formula containing progressivity, proportionality and flexibility.

NEW DELHI, MARCH 19: The G-20 has advocated a tariff reduction formula containing progressivity, proportionality and flexibility.

The G-20 has advocated a tariff reduction formula containing progressivity, proportionality and flexibility.

Brazilian foreign minister and G-20 coordinator Celso Amorim stated that the G-20 has not only to meet more frequently but also has to engage with others to move its agenda ahead.

Trade officials following the talks said it appeared to be the first time that the United States has advocated such an approach and identified specific products.