Africa | America | Asia | Australasia | Europe | India | Middle East | UK | US

G-33 ministers call on rich nations to give more concessions

Posted : Wed, 21 Mar 2007 12:11:01 GMT
By : DPA
Category : Africa (World)
News Alerts by Email ( click here )
Africa World News | Home
Jakarta - Members of the Group of 33 (G-33) ended two days of talks in Indonesia on Wednesday by calling on rich nations to give more ground to help reach a global free trade deal. Indonesian Trade Minister Marie E. Pangestu told a joint press conference that G-33 members pledged "full support and reconfirmed their solidarity and unity" in addressing the issues of food and livelihood security for developing nations in any trade deal.

"The developed countries need to show their leadership to move the process of negotiations forward," she said. "It shouldn't be on the developing countries to be the ones to move faster or more than the developed countries."

The five-year-old Doha Round was relaunched in January after a six-month suspension triggered by differences among major trading partners, especially the United States and the European Union, over agricultural subsidies.

The so-called G-4, the European Union, the United States, Brazil and India, have intensified efforts in to reach a consensus on agriculture - the main sticking point in the talks - as well as on industrial goods and services.

The World Trade Organisation (WTO) launched the Doha negotiations in 2001 to cut barriers to trade around the world as a way to lift millions of people out of poverty and boost the global economy.

WTO director-general Pascal Lamy has visited Indonesia and several other developing nations in recent weeks to forge consensus on a possible new offer from the G-4.

He warned that international institutions such as the United Nations, World Bank and others could suffer if a framework for a new global trade regime acceptable to the developing world was not agreed to by July 1.

On that day, US President George Bush's special authority to fast-track trade deals will expire, meaning any future global pact could be held up and altered by the US Congress. If key economic powers can reach consensus on contentious issues including agricultural subsidies and tariffs by then, Bush may be able to secure an extension on his fast-track authority through December.

EU Trade Commissioner Peter Mandelson, who was in Jakarta for the talks, also warned time is running out.

"We are not giving that space of time indefinitely. Sooner, rather than later, this has to come back to the multilateral process," he said.

The G-33 ministers said they would be responsive to changes in the positions held by developed nations to successfully conclude the Doha Round, Pangestu said.

"We are moving. We are doing our homework and we are ready to negotiate once there is movement on the other issues," she said. "Links to market-access that we need to see happen with the reduction of the trade distorting measures in the developed countries."

At a ceremony Tuesday ahead of the talks, Indonesian President Susilo Bambang Yudhoyono urged rich nations to give ground on agriculture and said developing countries should stand firm.

Copyright DPA

Share/Save/Bookmark

Article : G-33 ministers call on rich nations to give more concessions
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

Thirty five injured as football fans riot in Cairo - Summary
Cairo - Roughly a thousand people rioted in the streets around the Algerian Embassy in Cairo in the early hours of Friday to vent their anger at attacks against Egyptian fans in Sudan the previous night. Angry crowds converged on the embassy, chantin...

Bedouins protest in Sinai, alleging police killed man
Cairo - Bedouins in the Sinai desert blocked major trade routes Friday, alleging Egyptian police killed a man and injured others in the early morning, witnesses said. The protesters were blocking a major highway, attacking passing cars and setting ti...

Three children killed in Mozambique mortar bomb blast
Maputo - Three children were killed and two seriously injured in northern Mozambique after accidently exploding a mortar bomb left over from the country's past wars, a local newspaper reported Friday. Noticias daily reported that the children in Nias...

'Arctic Sea' finally reaches destination in Algeria
Moscow - The Arctic Sea , the Finnish-owned, Maltese- registered ship believed to have been captured by pirates in early August has reached its destination in Algeria, Interfax news agency reported Thursday. The ship was due to deliver its load of w...

Witchcraft murderers leave East African albinos living in fear
Nairobi - Dozens of witchcraft-related murders of albinos in Tanzania and Burundi have left the albino populations of both nations living in fear, a report released Thursday said. The report, Through Albino Eyes, by the International Federation of Re...

Football match strains Algerian-Egyptian relations
Cairo - Egypt on Thursday said it would summon the Algerian ambassador in Cairo to protest attacks against Egyptian fans after Wednesday night's World Cup playoff in Sudan. The ambassador will receive a strong message about securing the Egyptian pre...

Army withdrawing from Zimbabwe diamond field, says investor
Harare - Zimbabwe's military has begun to withdraw from a contentious diamond field as private investors move in, the head of a South African mining company investing in the area was quoted Thursday as saying. The state-controlled daily Herald newspa...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Africa (World) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.