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21.07.2008 - Trade ministers begin make-or-break WTO talks

Top trade officials begin a make-or-break session of world trade talks on Monday in Geneva.

The Czech Republic news are represented by www.prague-hotel-hotels.com

The talks are haunted by failed efforts in 2006 and 2007 and concern over whether the United States can deliver on a deal. The talks also cover manufactured goods and services, areas where rich countries like the United States and the European Union hope to make gains that will help them sell politically painful farm trade reforms at home. Germany's Economy Minister Michael Glos said there will have to be concessions on both sides, adding that "major emerging countries like Brazil, India and China do not have the right to entrench their positions in the name of developing countries." EU Commission President Jose Manuel Barroso said "for negotiations to succeed, the Rice leaves Prague after signing Czech-U.S. radar treaty ...
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other developed countries and the emerging economies in the WTO also have to make a major contribution.'' 

(Deutsche Welle)


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