Last Updated: Tuesday, 19 July, 2005, 14:18 GMT 15:18 UK
US warns Africa on farm subsidies
African nations must await a global trade deal before Washington will
cut farm export subsidies, the US has said.
At the G8 summit earlier this month, President Bush vowed to
eventually lift the farm subsidies.
But failure to secure a global deal at the World Trade Organisation
meeting in December could see the subsidies extended for years, trade
chiefs said.
They were addressing member countries of the African Growth and
Opportunity Act (Agoa) at a forum in Senegal.
<snip>
"If we do not (complete Doha) a new farm bill will be set in place
for a number of years and we will have lost the opportunity quite
literally into the next decade," Mr Johanns said.
Full article:
http://news.bbc.co.uk/2/hi/business/4696961.stm
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
