https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

EU's new trade offer is serious, WTO's Lamy says

1st November 2005

By: Nicola Mawson

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The head of the World Trade Organisation (WTO) said at the weekend that a new European Union offer to cut farm tariffs, already criticised by major trading partners, was serious and deserved consideration.

Pascal Lamy welcomed recent moves by both the EU and the United States on agricultural trade issues.

"Europe and the United States are moving on farm issues. This is good news," Lamy told France's LCI television in an interview.

"It's been a long time that this hasn't happened. This is what allows the rest of the negotiations to be unblocked."

He said Friday's EU proposal on farm goods was "a serious offer which merits serious discussions". The EU is offering to nearly halve its average tariff on agricultural imports to just over 12%.

European Trade Commissioner Peter Mandelson said on Saturday that "Europe's final offer" represented a middle-ground solution for trade talks, but it failed to impress the 25-nation bloc's international trading partners.

The United States, Brazil and Australia demanded more concessions, while Africans said the offer fell short of what was needed to break a deadlock in negotiations.

The World Trade Organisation's (WTO) 148 members are due to meet in December in Hong Kong to try and agree on a blueprint for a new global trade deal.

The EU's executive Commission has been caught between demands for more concessions by big trading partners, such as the United States, and staunch French opposition to weakening protection for farmers.

The head of France's main farm union on Sunday called the new EU proposal a provocation, and said the French government should stand up against it.

"I hope that the (French) government, which has showed a lot of firmness in the last few weeks, will not only threaten the use of its veto, but apply it," Jean-Michel Lemetayer, head of France's FNSEA farm union, told France Inter radio.

France has protested vociferously over Mandelson's handling of the trade talks, accusing him of making too many concessions and overstepping the negotiating mandate given him by the bloc.

French President Jacques Chirac said on Thursday that Paris might veto a deal if Brussels went any further.

Lamy said agriculture was only one of many subjects for the trade talks, noting that progress on a farm deal was important but not sufficient.

The trade talks had to succeed "to adjust global trade regulation to the rules of today's world, and so that this opening of trade happens under fair conditions", he said.

"If that does not happen, it is bad news for trade, and therefore for growth, and for reducing poverty," Lamy said.

Advertisement

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za