WTO FOOD TALKS CHAIRMAN SAYS US MUST CUT FOOD SUBSIDIES
May 1st, 2007
BY KEITH NUTHALLTHE CHAIRMAN of the World Trade Organisation's (WTO) Doha Development Round has said the USA will have to reduce its overall food production subsidies to secure agreement in the global commerce talks. In his first formal report since the round was temporarily suspended last July, chairman Crawford Falconer said, quite bluntly: "It is frankly inconceivable that the US will come out of this negotiation with an entitlement to spend more on overall trade distorting domestic support than it had when it came in." He said that since the WTO general ...
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