Zoellick Concentrates on Basics of Trade Pact; Urges WTO Leaders to Get Past Stalemate
Byline: Jeffrey Sparshott, THE WASHINGTON TIMES
The United States wants to pick up the pieces from failed global trade talks with a "common sense" approach and a nod to some developing nation concerns, the Bush administration's top trade official said yesterday.
Rich and poor countries fought to a stalemate during World Trade Organization talks in Cancun, Mexico, in September, all but ruining hope for new global rules governing trade in farm goods, manufactured goods and services by a year-end deadline.
A "good" agreement, with lower tariffs and reduced agriculture subsidies, would boost world economies by $520 billion and lift some 144 million out of poverty in the next 12 years, according to the …
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Publication information:
Article title: Zoellick Concentrates on Basics of Trade Pact; Urges WTO Leaders to Get Past Stalemate.
Contributors: Not available.
Newspaper title: The Washington Times (Washington, DC).
Publication date: January 13, 2004.
Page number: A01.
© 2009 The Washington Times LLC.
COPYRIGHT 2004 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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