WTO HONG KONG SUMMIT – DOHA DEVELOPMENT ROUND – SUMMIT COMMUNIQUE
December 1st, 2005
BY KEITH NUTHALL
TRADE ministers meeting at the World Trade Organisation (WTO) summit in Hong Kong have agreed the Doha Development Round's overall goals on agricultural liberalisation must be negotiated by April 30. Ministers also agreed food export subsidies will be abolished by the end of 2013, with "a substantial part" being scrapped well before that. The summit communiqué confirmed progress made on reducing food production subsidies, confirming that the European Union (EU) will make the deepest cuts, because it makes the highest payments. Less ...
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