LAMY WTO SPEECH
June 1st, 2003
BY KEITH NUTHALLEUROPEAN Union trade Commissioner Pascal Lamy has called on World Trade Organisation member countries to look beyond the oncoming 2005 abolition of textile trade quotas, and start discussing the elimination and lowering of tariffs and other non-tariff barriers. In a speech to the European Parliament, he said: "To limit liberalisation to the scrapping of quotas risks the creation of an unequal world market, where competition is focused on the markets of industrialised markets which have weak growth." He pointed out that European Union (EU) ...
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