Another draft agreement for the long-running Doha Development Round food liberalisation talks has been released at the World Trade Organisation (WTO), which will be presented to trade ministers for crucial week-long negotiations starting 21 July.
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That week will see parallel meetings aimed at securing final deals for the seven-year-long talks by 25 July, which would be approved by the WTO’s trade negotiations committee that Thursday and Friday.
WTO director general Pascal Lamy is hopeful of success: “We must not let this opportunity slip through our fingers,” he said. “Officials and diplomats in Geneva have produced a draft text highlighting a small number of simple but politically tricky decisions that must be made by ministers, who will represent all the major trading nations of the world. For food, the key choice will be balancing curs in import duties and production subsidies.”
