The chairman of the World Trade Organisation’s (WTO) food and drink liberalisation negotiations has said that member countries are nearing an agreement.
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Releasing another draft deal for his section of the Doha Development Round, chairman Crawford Falconer, New Zealand ambassador to the WTO, said his latest fine-tuned text presented clear final choices for ministers.
“Anyone…can see clearly the summit we’re trying to climb. We’re through the cloud layer now,” he said in Geneva.
Falconer said WTO trade ministers would have to make choices on levels of trade distorting production subsidies and so-called “sensitive products” for which special higher tariffs could apply.
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By GlobalData
