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Latest Subsidies Stories

2006-04-25 13:21:38

PARIS (Reuters) - The United States must limit its subsidies on farm products, French Trade Minister Christine Lagarde said on Tuesday, after it became clear world trading partners would miss an end-April deadline for a key deal. The European Union and Washington traded blame last Friday for a stalemate in global trade talks which put beyond reach an end-April deadline for a deal on farm and industrial goods. "As Europe has done, the United States must finally accept to limit their...

2006-01-20 05:56:44

By Richard Waddington GENEVA (Reuters) - The chief mediator in global farm talks says he is more optimistic as the World Trade Organization (WTO) prepares to resume negotiations on Monday, although he adds this may not be saying much. With January almost over, the WTO will have just three months in which to meet its end-April deadline for a deal on boosting trade in farm and industrial goods, a crucial step toward a global free trade treaty. After what WTO chief Pascal Lamy called...

2005-12-18 08:27:08

By Richard Waddington and William Schomberg HONG KONG (Reuters) - A draft plan to be put to World Trade Organization (WTO) states on Sunday set 2013 as the date for ending agricultural export subsidies after the European Union and major farm goods' exporters struck a compromise. The understanding between Brussels and exporter states such as Brazil and the United States removed a major obstacle to a deal in Hong Kong to keep WTO talks on a global trade pact alive. Calling the draft...

2005-12-18 07:00:03

By Richard Waddington and William Schomberg HONG KONG (Reuters) - A draft plan to be put to World Trade Organization (WTO) states on Sunday set 2013 as the date for ending agricultural export subsidies after the European Union and major farm goods' exporters struck a compromise. The understanding between Brussels and exporter states such as Brazil and the United States removed a major obstacle to a deal in Hong Kong to keep WTO talks on a global trade pact alive. Calling the draft...

2005-12-18 03:59:16

HONG KONG (Reuters) - A draft deal put to World Trade Organization (WTO) states on Sunday calls for a progressive end to agricultural export subsidies by 2013 and goes some way toward meeting demands of its poorest states for favourable treatment. The draft declaration, obtained by Reuters, also proposed eliminating export subsidies on cotton -- a sensitive issue for the United States -- in 2006, and proposed April 30, 2006, as the deadline for reaching a full draft deal on the Doha...

2005-12-18 03:26:00

HONG KONG (Reuters) - World Trade Organization (WTO) member countries agreed in a draft declaration on Sunday to end farm export subsidies progressively by 2013, potentially removing one obstacle to a full trade deal next year. The draft declaration, obtained by Reuters, also proposed eliminating export subsidies on cotton -- a sensitive issue for the United States -- in 2006 and proposed April 30, 2006, as the deadline for reaching a full draft deal on the Doha round of world trade...

2005-12-17 21:59:08

HONG KONG (Reuters) - A World Trade Organization (WTO) deal on ending farm export subsidies hit a snag at the last minute on Sunday because Brazil would not agree to a cut-off date of 2013 offered by the European Union, diplomats said. Indian Trade Minister Kamal Nath emerged from the overnight negotiations in Hong Kong saying there had been enough consensus on major sticking points to keep global trade talks alive. But, minutes later, the EU denied that a deal had been reached as...

2005-12-16 03:05:33

By William Schomberg and Sophie Walker HONG KONG (Reuters) - World trade talks plunged into disarray on Friday as rich nations exchanged accusations over their long-protected farm markets and struggled even to agree on a package of measures to help the world's poorest. "It is hard to see where progress can be achieved in Hong Kong if the talks continue in their present direction," European Union Trade Commissioner Peter Mandelson said. "The level of ambition, if anything, is going...

2005-12-15 06:52:50

By William Schomberg and John Ruwitch HONG KONG (Reuters) - Developing nations cranked up pressure on the rich to open their long-protected markets as world trade talks floundered on Thursday, while the United States and Europe blamed each other for the deadlock. As World Trade Organization (WTO) nations haggled in Hong Kong, over 1,000 anti-globalization marched peacefully under the watchful eyes of riot police a short distance away, but they promised a more aggressive demonstration...

2005-12-14 19:25:35

By Sophie Walker and Doug Palmer HONG KONG (Reuters) - Trade ministers from nearly 150 countries will try to break a deadlock in troubled global talks on Thursday, amid U.S. and European sniping over farm subsidies, food aid and measures to help the world's poorest. In a series of meetings which kicked off late on Wednesday, negotiators sought a common ground after the United States urged that a date be set for ending farm export subsidies, used mainly by Europe, while Brussels...