You are here: Home Breaking news Germany regrets 'lost opportunity' at WTO, urges more talks
Document Actions

Germany regrets 'lost opportunity' at WTO, urges more talks

30 July 2008, 23:51 CET
Germany regrets 'lost opportunity' at WTO, urges more talks

Photo Horst Seehofer

(BERLIN) - German Agriculture Minister Horst Seehofer regretted on Wednesday the "lost opportunity" in the collapse of the World Trade Organisation (WTO) talks and called for negotiations to continue.

"In light of rising food prices, I had hoped for a positive impetus for the world agricultural economy, also and in particular for the sake of the developing countries," Seehofer said in a statement

He said the European Union had already opened its market to developing countries by lifting tariffs and quotas.

"The EU went beyond that unilaterally in the talks to the limit of what it could tolerate," he said.

He said the EU had tried to serve as a mediator between the "diverging market access interests of the United States, India and China" and called for further talks until a resolution is found.

"It is better to continue working and reach a good outcome than to wrap it up at any price," he said.

The economy ministry said Berlin had been hoping for the "right signal at the right time for the global economy" and that it would press for talks to resume as soon as possible.

"We cannot afford long idle period now," a state secretary at the ministry, Bernd Pfaffenbach, said in a statement. "All WTO members would benefit from freer markets."

He dismissed the notion that the deadlock was the result of a confrontation between poor and rich countries and offered a thinly veiled criticism of China and India.

"A core problem was that big and competitive emerging countries hid behind their chosen status as developing countries to win concessions for themselves," he said.

The Geneva talks collapsed Tuesday after nine gruelling days of negotiations aimed at reaching a consensus on subsidy levels and import tariffs for a new deal under the WTO's seven-year-old Doha Round.

Negotiations stumbled on proposals for measures to protect poor farmers that would impose a special tariff on certain agricultural goods in the event of an import surge or price fall, delegates said.

Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.




Cache EUB's Breaking News Portlet as HTML
ECTACO translators
ECTACO iTRAVL NTL & Alpine series translators
Sponsor this channel
Cache EUB's Upcoming Events Portlet as HTML
Text links
Text links
Your link here