|
U.S. Position Leads to WTO Doha Round
Suspension
Efforts to reach a successful
conclusion of the WTO Doha Round have broken down and been formally
suspended. The principal reason for this failure lies at the door of
the United States, whose lack of flexibility over reducing farm
subsidies proved a deal-breaker.
EU Trade Commissioner Peter Mandelson expressed the EU's
disappointment and sadness, and said, "This [result] is neither
desirable nor inevitable. It could so easily have been avoided.
Having been mandated by heads of government at the G8 to come
together to indicate further flexibility, I felt that each of us
did, except the United States...[The] U.S. has judged that it would
be better for the process of negotiation to be discontinued at this
stage..."
"The EU is not giving up on this Round. We have stuck with it,
paid into it, given a lot, indeed given more than others. We will
continue to do so because it is right and fair to do so towards the
developing world, as well as in our own economic interests. I hope
that when the smoke has cleared, others will want to do the same. We
stand ready to pick up where we have left off."
MORE
EU NewsBrief is a new electronic publication issued regularly
by the Delegation of the European Commission to the United States.
To receive updates on specific issue areas, click on this link. |