WTO chief sees desire to finish trade talks in 2008: Report
Completing global trade talks is doable, with a desire among World Trade Organisation members to end negotiations in 2008.
By Agencies |
BEIJING: Completing global trade talks is "doable," with a desire among World Trade Organisation members to end negotiations in 2008, Chinese media quoted WTO chief Pascal Lamy as saying on Tuesday.
"What I see from WTO members is a desire to try to finish the negotiations, which have been cooking for six years, some time during this year," Lamy told the China Daily in an interview.
"It is doable as we now have both political and technical conditions to make it possible," he said.
Lamy was in China last week for meetings with Premier Wen Jiabao and ministers in charge of key economic areas, the paper said.
The WTO's Doha round on trade liberalisation has been bogged down for the past six years in disputes between developed and developing countries over agricultural subsidies and industrial tariffs.
"What I see from WTO members is a desire to try to finish the negotiations, which have been cooking for six years, some time during this year," Lamy told the China Daily in an interview.
"It is doable as we now have both political and technical conditions to make it possible," he said.
Lamy was in China last week for meetings with Premier Wen Jiabao and ministers in charge of key economic areas, the paper said.
The WTO's Doha round on trade liberalisation has been bogged down for the past six years in disputes between developed and developing countries over agricultural subsidies and industrial tariffs.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
