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No. 127/05
December 19, 2005

EU WELCOMES SUCCESSFUL OUTCOME OF WTO HONG KONG MEETING

Statement by Trade Commissioner Peter Mandelson (December 18, 2005, Hong Kong)


Peter Mandelson

"Today Europe has gone further in its existing commitment to eliminate its export subsidies by setting a clear end date in 2013. I said we came to Hong Kong to do business and this shows we meant it. We have demanded, and received, equivalent commitments from others for similar subsidy reform. This is a genuine advance for the agriculture negotiation and for the development goals of the Doha Round. Europe made it happen and we are pleased to have done so. We rejected the demand for a 2010 final date for what it is: a political gesture that would see Europe withdraw from global export markets faster than is economically sustainable. We have insisted on equal reform from others because effective reform means that all export subsidies are eliminated, not just Europe's. That is what can be achieved in a multilateral negotiation. We will continue to demand that others move with us, every step, and every cut until all forms of export subsidy are ended. In a week of disappointments this is no small prize. It is not enough to make this meeting a true success. But it is enough to save it from failure."

Statement by Agriculture Commissioner Mariann Fischer Boel (December 18, 2005, Hong Kong)


Mariann Fischer Boel

"I am happy that 2013 is in this paper as the phase-out date for export subsidies. This is clearly linked to the period when the current CAP reforms will be fully operational. The rest of the text on the phase-out is not a Christmas gift for us. However, what matters is that we will define later what the word “substantial” means, in terms of how much we have to reduce export subsidies before 2013. We will not accept that it is so high that it disrupts our markets and makes new reforms necessary. We have achieved good changes on parallel commitments on export subsidies for other countries. And the US will now have to make significant farm reforms, for example to the infamous Counter Cyclical Payments. All this is a good step for the negotiations over the coming months, when we hope to get agreement on final modalities." 


 

Press Contacts: Anthony Gooch   Anna Prisco
  202-862-9523
anthony.gooch@cec.eu.int
  202-429-6387
anna.prisco@cec.eu.int

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