Compromise on Trade Rules Introduced; WTO Hopes for Deal after Failed Negotiations

The Washington Times (Washington, DC), July 17, 2004 | Go to article overview

Compromise on Trade Rules Introduced; WTO Hopes for Deal after Failed Negotiations


Byline: Jeffrey Sparshott, THE WASHINGTON TIMES

The World Trade Organization, with time running out, tried to revive troubled negotiations yesterday with a new compromise outline for global trade rules.

"We still have some way to go before reaching consensus on the text overall, but with hard work and good will, this should be possible," Shotaro Oshima, chairman of the WTO's governing council, and Supachai Panitchpakdi, WTO director-general, said in a letter to the body's 147 member countries.

An agreement that substantially lowers trade barriers for industrial and agricultural goods would boost world economies by $520 billion and lift about 144 million people out of poverty in the next 12 years, according to a study by the World Bank.

But talks collapsed in September when nations fought over rules that would force poor countries to rewrite some laws, such as government contracting regulations and rules on monopolies, and rich countries to abandon some lavish agricultural subsidies.

The breakup was a spectacular failure that pitted developing countries, led by Brazil and India, against the United States, European Union and other wealthier economies.

Many of the same trade ministers who fought to a standstill during the September talks in Cancun, Mexico, will reconvene later this month in Geneva. The meeting is seen as a last attempt to patch together a general agreement that, although it leaves many questions unresolved, at least would allow negotiations to continue.

The end-of-month meeting is likely to be the last high-level gathering before U. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Compromise on Trade Rules Introduced; WTO Hopes for Deal after Failed Negotiations
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.