World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Vaile Responds Cautiously to Bush's Pledge

Vaile Responds Cautiously to Bush's Pledge

Acting Prime Minister and Minister for Trade Mark Vaile has responded positively but with caution to US President George W Bush's pledge, at the UN General Assembly, to scrap all tariff barriers and subsidies if other countries do the same.

Mr Vaile said, "The key now will be to turn President Bush's ambitious remarks into reality. The time has come for both the US and the European Union in particular to demonstrate, in concrete terms, how they will free up their agricultural markets.

"President Bush's strong statement should help to reinvigorate the Doha round of world trade negotiations. Leadership from the US and EU on agriculture is crucial if we are to bring these difficult negotiations to a successful conclusion.

"What we do in this Round will shape the multilateral trade environment for the next 25 years.

"A major beneficiary of freer trade in agriculture would be developing countries, a point which President Bush also makes.

"For decades, developing countries have been denied the chance to trade their way out for poverty by the protectionist agricultural policies of certain developed countries.

"The World Bank estimates that a level playing field on trade would lift 140 million people out of poverty."

Australia will continue to push for an ambitious result - one which achieves freer markets in agriculture, industrial products and services.

"Improved market access, reductions in trade distorting domestic support and the elimination of export subsidies are also essential outcomes for Australia," Mr Vaile said.

Australian companies would reap great benefits from this, especially our highly efficient agricultural exporters, who have to sell their products into the most heavily protected sector of the world economy.

"Australia's farmers also deserve the right to compete on a level field on the global stage. Thirty three per cent of farm income in the EU comes from Government support, in the US it is 18 per cent. Government support in the EU and US is $180 billion. Australia provides just $1.1 billion (4%) to its farmers.

The next major step in the negotiations will be the meeting of all World Trade Organisation Ministers in Hong Kong in December. Mr Vaile will lead the Australian delegation at that meeting.

© Scoop Media

 
 
 
 
 
World Headlines

 

At The UN: Paris Climate Agreement Moves Closer To Entry Into Force

The Paris Agreement on climate change moved closer toward entering into force in 2016 as 31 more countries joined the agreement today at a special event hosted by United Nations Secretary-General Ban Ki-moon. More>>

ALSO:

ALSO:

Gordon Campbell: On The End Game In Spain (And Other World News)

The coverage of international news seems almost entirely dependent on a random selection of whatever some overseas news agency happens to be carrying overnight... Here are a few interesting international stories that have largely flown beneath the radar this past week. More>>

Amnesty/Human Rights Watch: Appalling Abuse, Neglect Of Refugees On Nauru

Refugees and asylum seekers on Nauru, most of whom have been held there for three years, routinely face neglect by health workers and other service providers who have been hired by the Australian government, as well as frequent unpunished assaults by local Nauruans. More>>

ALSO:

Other Australian Detention

Gordon Campbell: On The Censorship Havoc In South Africa’s State Broadcaster

Demands have included an order to staff that there should be no further negative news about the country’s President Jacob Zuma, and SABC camera operators responsible for choosing camera angles that have allegedly made the President ‘look shorter’ were to be retrained... More>>

ALSO:

Gordon Campbell: On A Bad Week For Malcolm Turnbull, And The Queen

Malcolm Turnbull’s immediate goal – mere survival – is still within his grasp... In every other respect though, this election has been a total disaster for the Liberals. More>>

ALSO:

Gordon Campbell: On Bidding Bye Bye To Boris

Boris Johnson’s exit from the contest for Conservative Party leadership supports the conspiracy theory that he never really expected the “Leave” option to win the referendum – and he has no intention now of picking up the poisoned chalice that managing the outcome will entail... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news