By Martin Khor, TWN Info Service on WTO and Trade Issues (Oct 05)
Fourteen developing countries have issued a joint paper during the services negotiations at the WTO objecting to having any reference to 'targets' as an negotiating approach in the services text of the Ministerial Declaration for the forthcoming WTO conference in Hong Kong.
The latest maneuvers in the WTO vis a vis the GATS to torpedo its more development friendly elements is extremely worrying. This is an article on how this has been orchestrated, the opposition from developing countries, and the implications of the draft Ministerial text (26 October) for developing countries which the Chair has released.
A ranking US trade officials reassured US senators that nothing will move ahead in the ongoing Doha Development Agenda trade negotiations until the European Union presents an acceptable offer on agricultural market access
President Jacques Chirac of France broke with the rest of the Union and said he was prepared to block world trade talks. Chirac's intervention came as the European Commission was due Friday to make a new offer to break the deadlock on world trade negotiations.
The European Union's offer today to cut its farm tariffs by as much as 60 percent falls short of expectations because the proposal allows exemptions that would block key exports, U.S. officials and industry groups said.