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As a crucial summit looms, key players from the
World Trade Organisation will make yet another
attempt to kickstart talks on a treaty aimed at
reducing barriers to global commerce.
Top trade officials from the European Union, the
United States and other nations are set to meet in
Zurich on Monday in a further effort to resolve
differences ahead of the WTO's December conference
in Hong Kong, which they are still hoping will cap
four rocky years of negotiations.
The aim is to "talk candidly," said a senior US
government official. The 148 nations in the WTO
set the rules for world trade.
The informal Zurich gathering comes on the heels
of one in Paris last month, where officials made
slim progress largely because of persistent
disagreement over the farm trade.
Much of the deadlock there was tied to divisions
between the United States and the EU over tariffs
and government aid for farmers, with each side
pushing the other to make concessions.
Crawford Falconer, chairman of the WTO's formal
farm talks, has said it is an open question
whether they can produce a result by December.
They may have got down to real bargaining but
should have reached such a point six months ago,
he told a WTO meeting last week.
The WTO's Doha Round talks, launched in 2001 in
Qatari capital Doha, aim to produce a treaty
cutting customs duties, subsidies and other
barriers to commerce. The plan is also to use
trade to lift developing countries out of poverty.
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