Archive - mars 2005 - Article

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.

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.

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

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

Santos said the Philippines' reliance on trade with the US has gone down because of growing trade with Japan, Greater China and Asean.

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.

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.

Top trade officials from the same group of countries are due to meet for a mini-ministerial gathering in Paris May 4 on the fringes of the Organization for Economic Cooperation and Development's annual meeting.