countries will stand their ground on key issues during forthcoming world trade
talks, Brazil''s foreign minister has said, Celso Amorim has said.
challenged the US to offer "real" cuts in the levels of subsidies paid
to farmers in the battle to break the deadlock on trade talks.
US had said in 2005 that it would cap farmer subsidies at $22 billion, which Brazil
and India said was twice the level of what it should be, a limit that David Salmonsen
of the American Farm Bureau Federation has called unrealistic.
G20 group of developing nations has been meeting in Geneva ahead of global talks
in Potsdam, Germany, next week, where it will meet with the US and the EU for
crucial talks to break the logjam on the Doha round of world trade talks that
have foundered since 2001.
G20 has reiterated that agriculture was key to any agreement. Developing nations
say that the subsidies artificially force down prices of agricultural products
that make it harder for poorer countries to sell their farm goods overseas.
from cutting subsidies, the US and EU are under pressure to reduce customs duties
they charge on imports of agricultural products. In return, developing nations
are supposed to open their
markets up to industrial goods and services from the rest of the world.
all know that we are in a negotiating phase but we don''t want to sacrifice basic
positions just for a speedy result, Amorim said.