Tuesday, June 12, 2007

Developing nations dig heels as WTO talks heat up

(Reuters) - Developing countries on Monday insisted they would not agree to a world trade pact that does not help the lot of their farmers, and said rich nations needed to ease demands for industrial tariff cuts.

Speaking ahead of a critical attempt at a breakthrough in World Trade Organisation (WTO) negotiations, ministers from India, Brazil, Pakistan and other emerging countries called for "real and effective cuts" in the subsidies given to farmers in the developed world, which make it difficult for poorer nations to compete in agricultural markets.


Read more at Reuters Africa

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