Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 17:28, December 17, 2005
Progress already made in Hong Kong WTO conference: spokesman
font size    

The ongoing Sixth WTO Ministerial Conference has already made progress in issues concerning LDCs (least developed countries) and cotton trade, said WTO spokesman Keith Rockwell Saturday in Hong Kong.

The official told Xinhua that currently negotiators have made commitment to provide a duty- and quota-free market access for almost all products from the 50 least developed countries in the world.

Apart from this, the spokesman also mentioned some progress in the NAMA (non-agricultural market access) issue, but said that "it is moving slowly" due to divergencies on the detailed coefficient in the formula used to calculate the tariff cuts.

Currently, the negotiations are still going on, and Rockwell said it is still difficult for him to judge the outcomes of the conference.

WTO Director-General Pascal Lamy submitted on Friday a compromise text to ministers of all members concerning cutting the export subsidies of agricultural products.

The text calls for the United States and other developed countries to make promise that if the European Union make concessions in cutting the subsidies, they must also make some equivalent concessions.

Rockwell said "it remains unknown" whether the text will break the deadlock in agricultural trade negotiations.

The official appreciated China's support for the Doha Round and also thanked Hong Kong for the good environment of the conference.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- Draft WTO ministerial declaration circulated before end of conference


Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved