North Riyadh Geopark and Salma Geopark designated on UNESCO's Global Geoparks List    NMC forecast: Thunderstorms to hit most regions of Saudi Arabia until Monday    TGA mandates national address for all parcel shipments from January 2026    stc group redefines connectivity at FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2025    Film Commission launches 'Cinema' initiative to enhance content    Saudi Arabia's trade with Arab League countries exceeds SR87 bln    Riyadh to host First Arab European Cities Dialogue Forum    Man deported to El Salvador will never live in US, says White House    At least 50 dead after boat catches fire in northwest DRC    US-Iran nuclear talks venue confirmed as Rome following confusion over location    Judge says Trump administration likely acted in contempt for not turning around deportation flights    Saudization rates raised in 4 healthcare professions from Thursday    Tesla whistleblower wins latest legal battle in fight against Musk    Famed Philippine film star Nora Aunor dies at 71    SFDA cites most common cases of fish food poisoning and ways to prevent them    Saudi medical team arrives in Syria to perform 95 heart surgeries and catheterizations    Farah Al Yousef to race as Wild Card entry in F1 Academy at Saudi Arabian Grand Prix    Nissan Formula E Team secures pole position and double points finish in Miami    Supply. Supply. Supply: How Badael plans to meet record demand for DZRT The Saudi smoking cessation company aims to produce over 100 million cans in 2025    Al Hilal's title bid falters with draw at Al Ettifaq    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



No talk of breakthrough as key trade talks loom
Published in Saudi Press Agency on 02 - 03 - 2007


Key trade ministers meet in
London at the weekend under growing pressure to reach a deal in
global free trade talks, but diplomats warned today against
expecting a breakthrough.
U.S. Trade Representative Susan Schwab, European Union Trade
Commissioner Peter Mandelson, Brazil's Foreign Minister Celso
Amorim and India's Trade Minister Kamal Nath will hold separate
bilateral discussions, following the approach adopted in recent
talks among their senior officials.
"Several more meetings at all levels will be required before
we can talk of breakthroughs," Reuters quoted one senior EU official as saying.
It will be the first time that the four, who have been
taking the lead in the search for common ground, have met since
the World Trade Organisation (WTO) agreed in late January to
relaunch its Doha round of trade liberalisation negotiations
after a six-month suspension.
The negotiations, dogged by deep divisions over agricultural
trade, were halted by WTO chief Pascal Lamy because he saw no
way at the time of bridging the gaps.
Lamy says the WTO has a brief window of opportunity to
secure agreement on a blueprint for a deal. If the chance is not
taken, the five-year-old round could collapse, undermining
confidence in the global trading system.
After the weekend, ministers will be in Geneva on Monday and
Tuesday to meet Lamy who is facing discontent in the 150-state
body that members are being kept in the dark about the progress, if any, that the major powers are making.
Business leaders in developed countries have become more
vocal in calling for a deal. German Chancellor Angela Merkel and
British Prime Minister Tony Blair have both spoken out strongly
in favour of a Doha accord.
Launched in late 2001, the WTO talks have been billed as a
once-in-a-generation chance to boost the global economy and help
lift millions out of poverty through trade.


Clic here to read the story from its source.