EU Australia Online - News & information from the capital of Europe direct to Australian businesses

Trade Powers Try Again

  • May 19th, 2007
  • Posted by EUEditor

ships-reduced.jpgTrade Ministers from Brazil, the European Union, India and the United States have had two days of talks at Brussels, saying they made some progress towards re-starting the world trade talks.

Known as the Group of Four, or G4, this set of major trade players met last month in New Delhi, and at Brussels on Thursday and Friday (17-18.5.07) – following the wider OECD Ministerial meeting at Paris earlier this week.

The Ministers published a statement saying they had discussed all core negotiating areas with a particular focus on agriculture, NAMA (non-agricultural market access) and services.

They would continue to hold intensive talks at the senior official and Minister levels in the coming weeks, and would have a formal meeting next month.

They remained committed and hopeful that their work would contribute to a successful recommencement and completion of the World Trade Organisation (WTO) Doha Round of trade talks.

Attending the meeting at Brussels: Minister Celso Amorim, Brazil; Commissioner Peter Mandelson, European Union; Minister Kamal Nath, India; Ambassador Susan C. Schwab, United States.

Picture: stock.schn

Leave a Reply