'Gang
of Four' seeks to spur WTO talks in Paris meet
Afp, Geneva
Ministers from four key players in world trade are set to
gather in Paris on Friday to try to spur sluggish talks on
a treaty liberalising global commerce towards a December
deadline.
The
meeting, bringing together Brazil, India, the EU and
United States, will try to bridge differences, notably
over farm subsidies, which have hampered efforts to keep
almost four years of World Trade Organisation negotiations
on track.
The
148 nations in the WTO are up against the clock: a crucial
summit in Hong Kong in December is meant to produce at
least the bare bones of an accord on cutting customs
duties, subsidies and other barriers to commerce.
But
without a deal among the giants of world trade, the
outlook for Hong Hong is bleak -- and that could mean the
talks will be mired for years, experts say.
"The
pressure is on these four members, and the outcome of the
meeting will be a good sign of the ability of the WTO to
move forward in coming weeks," said a Geneva-based trade
diplomat.
The
"Gang of Four" -- the term used by new WTO chief Pascal
Lamy -- are set to meet Friday morning at the Brazilian
embassy in Paris.
The
discussions will bring together Brazilian foreign minister
Celso Amorim, who steers his country's commercial
negotiations, US trade chief Rob Portman and his EU
counterpart Peter Mandelson, plus India's commerce
minister Kamal Nath.
Last
week, Lamy said that at least two-thirds of the issues
under negotiation must be settled by Hong Kong.
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