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No clear path to reviving WTO talks: US

Reuters

Posted: 2008-08-07 09:46:48+05:30 IST
Updated: Aug 07, 2008 at 0946 hrs IST

Washington, August 7:: to levels above those allowed under the 1994 Uruguay Round world trade deal.

The United States believes that would jeopardize any farm export gains coming from a Doha round agreement by allowing developing countries to hike tariffs in response to normal growth in trade, rather than an import surge.

The issue can not be resolved by splitting the difference between 15 and 40 per cent or through "some legal gibberish" that gives developing countries the right to impose safeguard tariffs whenever subsistence farmers face "demonstrable harm," Maruyama said, referring to another compromise.

He praised Brazil for breaking ranks with India and working in a small group with the United States, the European Union, Japan and Australia to try to reach a deal.

But China apparently saw the safeguard mechanism as an way to roll back market opening commitments it made when it joined the WTO in 2001, he said....

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