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World Trade Organisation chief Pascal Lamy said on Sunday that rich and developing nations had agreed that talks on a global trade pact should be renewed although differences remained over farm subsidies and market access.

The Group of 20 emerging countries and world trade heavyweights the United States, European Union and Japan clamoured on Monday for a resumption of the WTO Doha Round of negotiations, but offered no hard specifics on when or how.

U.S. trade officials were disappointed at the lack of progress last week in the third round of negotiations toward a U.S.-South Korea free trade agreement,

The Japan-Philippines Economic Partnership Agreement (JPEPA) will bring dubious gain to the local economy while severely limiting government’s policy options to develop domestic industries.

It is contemptible how the Philippine government trades its citizens for export goods that will only push the country to even greater disaster.

For Gloria Macapagal-Arroyo, the future of the Filipino people has a very cheap price. So cheap that she has opted to sell it to Japan by further opening up the local economy in exchange for the annual deployment of

WTO chief Pascal Lamy says the political will may exist to revive stalled global trade talks, but negotiations can resume only if countries compromise on the main stumbling block of agriculture.

Despite the expected challenges, Seoul will push for certain exemptions over sensitive agricultural products during the upcoming third round of free trade agreement talks with Washington, the Korean government said.

Both notifications assert that these regulations are trade restrictive for countries like the US planning to export GM products to India.

Trade ministers of the developing-country Group-of-20 coalition will meet in Rio de Janeiro September 9 and 10 to finalize a position on how to revive the suspended Doha Development Agenda trade negotiations - a first indication of whether a turnaround in the negotiations is possible.