WTO FOOD TALKS CHAIRMAN SAYS US MUST CUT FOOD SUBSIDIES

BY KEITH NUTHALL THE CHAIRMAN of the World Trade Organisation's (WTO) Doha Development Round has said the USA must reduce food production subsidies to secure agreement in the global commerce talks. Crawford Falconer said: "It is frankly inconceivable that the US will come out of this negotiation with an entitlement to spend more" than the US$19 billion currently allowed annually. Meanwhile, hopes a new French president would reverse France's stubborn negotiating position at the talks over maintaining subsidies have been dashed. Nicolas Sarkozy told French ...


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