WORLD: WTO talks chairman gloomy about Cancun summit prospects
The chairperson of the World Trade Organisation’s agricultural talks has warned that productive bilateral discussions behind the scenes will be required for the oncoming WTO summit in Cancun, Mexico, to have any chance of striking a ‘modalities’ deal setting the overall goals for the negotiations.
Stuart Harbinson said that agreement was proving "elusive."
At a recent meeting of the talk’s trade negotiations committee, WTO members including the EU, Switzerland, Norway, Japan and Barbados clubbed together to insist that Harbinson’s draft agreement on modalities was not even an adequate basis for serious talks, calling for a substantially rewritten draft.
Brussels’ representative said the EU would go to Cancun with “serious proposals” based on its recent Common Agricultural Policy reforms.
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Nestle Q1 update: four things to learn
- Interview: Sir Kensington's on sale to Unilever
- Column: Why snacking is the new meal
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Tyson to buy burger-to-entree firm AdvancePierre
- Icelandic to sell Saucy Fish Co. owner Seachill