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Tuesday, 10 May 2011

Commission seeks to end trade-talk deadlock

The European Commission has launched a new bid to break the deadlock in the Doha round of world trade talks with a proposed compromise on slashing industrial tariffs. Senior trade negotiators are scheduled to meet at the World Trade Organization (WTO) in Geneva on 31 May to discuss the proposal. The deadlock is also expected to figure prominently on the agenda of a G8 summit in Deauville, France, on 26-27 May. EU officials made it clear that they view the next few months as critical for the Doha round, which has been under negotiation for close to a decade.

Source: European Voice

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