Feb 29, 2008
EU says global trade talks face big risk of failure
“I now fear that Doha is facing a high risk of failure -- the first failure ever for a multilateral trade round”
MASERU, Lesotho : A six-year push for a global trade deal faces a strong risk of collapse, Europe's trade chief said on Friday, turning up the pressure on negotiators ahead of a meeting expected in the coming ... via International Herald Tribune
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The truth is, I doubt that those rich countries are committed to lowering those barriers. Take France for example, even a knucle-head knows that they are the ones protecting the EU producers from competition. At the same time, why farm goods? They know that those are perishable within a short time and how can we possibly trade such goods with a market that is so far?
Check the link from mail and guradian: http://www.mg.co.za/zapiro/imageHistory.aspx... |MonthId=7|DayId=14 |
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http://www.mg.co.za/zapiro/imageHistory.aspx... |MonthId=7|DayId=14
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Frankly, i fail to understand why emerging markets bother with these tariffs. We know all too well that Western Europe or US will never remove their agricultural barriers to outside markets. A few years ago France burned its fingers by even contemplating conceeding to pressure, when farmers blockated the main routes within the country in protest. These farmers are way too powerful and any politician that plans to rub them the wrong way is commiting a political suicide. All they can do is bullshit with Africa and others ad infinitum. The sooner we create our own continental trading the better. Are we so doomed in our thinking that we fail even on such basic industries as agriculture?
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