Agriculture
hogs the limelight at Cancun
Cancun: At the much-awaited ministerial conference
of the WTO, agriculture is holding the key to the success
of the Doha Round talks. Though trade majors like the
US and the European Union are unrelenting in their posture,
developing countries' coalition led by India and Brazil
are equally sticking to their declared stance.
At
a pre-ministerial press meet held here, US Trade Representative
Robert Zoellick said: "Much of the attention here
is going to be on agriculture. But the bottomline for
Washington in the negotiations is market access
lower import tariffs and similar easing of measures for
industrial products and services." Zoellick also
hinted at the ministers resuming talks in Geneva six months
later to iron out the differences and complete the modalities
for negotiations
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