The new draft WTO 6th Ministerial text released today still attacks Third World agriculture, industry and services without making any real headway against First World subsidies and protections for domestic producers
By Chee Yoke Ling, TWN Info Service on WTO and Trade Issues
Some key elements of the 'development package' that has been floated at the Hong Kong Ministerial cannot be taken at face value because neither the EU nor the US can guarantee that they can implement what they have promised
Members of the World Trade Organization seemed to be making some progress on an initiative to help the world's poorest countries on the third day of the Hong Kong ministerial, where the U.S. has come under intense pressure to provide duty-free, quota-free access to all products from least-developed countries
World trade talks plunged into disarray on Friday as rich nations exchanged accusations over their long-protected farm markets and struggled even to agree on a package of measures to help the world's poorest.